XE Market Analysis: US Dollar Falls as Retail Sales Disappoint

OVERVIEW

  • The US Dollar dipped today as retail sales numbers fell short of expectations
  • The Pound steadied in today’s trading, ahead of a potentially monumental EU Brexit Summit on Wednesday and Thursday 
  • The Canadian Dollar strengthens as oil prices rise as tensions between the West and Saudi Arabia grow

HIGHLIGHT

The Canadian dollar gained strength today as the US Dollar weakened today, causing the pair to fall by as much as 0.5% at one point.