XE Market Analysis: US Dollar Dips from Highs, Canadian Dollar Supported by Oil Price Rise

OVERVIEW

  • Euro rebounds from lowest since December remain weak.
  • British Pound stabilizes despite slump in retail sales.
  • Japanese Yen softened as risk appetite recovers.
  • Turkish Lira rebounds from record low versus US Dollar after central bank action.
  • Swedish Krone gains over 1% after inflation remains close to central bank’s target.

HIGHLIGHT