(Action Economics) - 06:49 EST FX Update: The dollar traded lower amid a month-end position jig, according to market talk. EUR-USD recovered toward 1.3200 after making a fresh 11-month low at 1.3152 during the Asian session. The euro had dropped across-the-board during the Asian session, led specifically by a large dose of EUR-CAD selling. USD-CAD, meanwhile, fell to the low 1.09s before extending to an eight-day low of 1.0889 in the weak-greenback themed European session, breaching below its 20-day moving average for the first time since Jul-11. USD-JPY pulled back below 104.00 after capping out in Tokyo a pip shy of yesterday's 104.17 peak. While EUR-USD found its feet, the euro was weak elsewhere, making a 10-month low against the Australian dollar, for instance, and a two-week low versus sterling. Data was euro negative, with German import price inflation dipping to -1.7% y/y from -1.2%, and consumer confidence missing the median forecast, while France posted weak business confidence and order book numbers.