The dollar experienced a recovery following earlier weakness in the trading session. Positive economic news, particularly strong retail sales data, contributed to the turnaround. The better-than-expected figures instilled greater confidence in the strength of the U.S. economy, prompting increased demand for the currency.

Increased investor appetite for the dollar stemmed from growing optimism about economic prospects. The retail sales numbers indicated robust consumer spending, a key driver of economic growth. As a result, traders adjusted their positions, leading to dollar appreciation against other major currencies.