Market News

Dollar dips briefly after U.S. retail sales data miss - REUTERS

SEPTEMBER 14, 2018

NEW YORK (Reuters) - The dollar briefly fell against a basket of currencies on Friday as U.S. retail sales rose less than forecast in August but revised higher readings on July sales, supporting the view of solid economic expansion in the third quarter.


At 8:42 a.m. (1242 GMT), an index that tracks the greenback against six major currencies was up 0.15 percent at 94.656 after touching a session low at 94.359 shortly after the release of the latest retail sales figures.

Reporting by Richard Leong


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