Dollar index adds losses after U.S. CPI, retail data fall short

Published : July 14, 2017 Updated : July 14, 2017
Reuters

NEW YORK (Reuters) - The dollar extended its earlier decline against a basket of currencies on Friday as weaker-than-forecast data on consumer prices and retail sales in June raised doubts about U.S. economic growth and whether the Federal Reserve may raise rates again in 2017.

 

At 8:35 a.m. (1235 GMT), the index that tracks the greenback versus a group of six major currencies <.DXY> was down 0.36 percent at 95.385.

 

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

 
 
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