ALL Market Update
28 Mar 2026 • 01:17 GMT
The Albanian Lek remains near recent 7-day lows against the US dollar, with ALL/USD trading around 0.011998, slightly below its 3-month average of 0.012152. The dollar has gained strength amid broader market concerns about risk sentiment and comments from the OECD predicting US inflation could hit 4.2% this year. This has supported the USD as a safe-haven asset, though the market remains cautious about potential rate cuts from the Federal Reserve.
Against major currencies, the Lek is also near its 7-day lows against the euro, trading around 0.010387, with little change from recent levels. Conversely, the Lek has edged higher against the Japanese yen, approaching 1.9241, just above its 3-month average, buoyed by its recent 30-day high. The Lek maintains stability against currencies like the Canadian dollar and Swiss franc, trading near 0.016677 and 0.009580 respectively.
Overall, while the Lek remains stable within recent ranges overall, the US dollar’s strength driven by cautious USD sentiment and safe-haven flows continues to influence the currency landscape. Market focus remains on US economic data and Federal Reserve policy signals in the coming sessions.