XE Market Analysis: Déjà Vu All Over Again as Currency Market Cautiously Enters June

OVERVIEW

  • The greenback is trading with weaker footing against most G-10 currencies as currency markets wait on trade deadlock

  • USD/CAD moves back to around 1.35 post, driven by better performance in the crude oil market.

  • NYMEX WTI crude prices started firmly, up 1.25%, after what might be called a May horror show