The dollar clawed back some of its losses in N.Y. on Friday, and was helped early on by better than expected retail sales data. Consumer sentiment missed the mark slightly, which offset some, though as oil prices soared, and Wall Street advanced sharply, the greenback largely held its own. EUR-USD peaked at 1.1278 into the data, and later made its way to 1.1215 lows. The improved risk backdrop allowed USD-JPY to rally from 112.59 to highs over 113.40. USD-CAD meanwhile, fell to 1.3814 lows, from 1.3965 as WTI crude rallied as much as 12%, to over $29.50.
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