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U.S. Dollar Falls on Weak Retail Sales
Monday, 1 April 2019 23:38 WIB | CURRENCIES | Indeks DolarDolar AS

The greenback fell slightly on Monday as retail sales fell unexpectedly.

The U.S. dollar index, which measures the dollar's strength against a basket of six major currencies, slipped 0.1% to 96.738 as of 10:53 AM ET (14:14 GMT).

The dollar rose against the safe-haven yen, with USD/JPY rising 0.3% to 111.17.

Sterling was higher as the Labour Party announced it is supporting the Common Market 2.0 amendment. The move raises the chances of the Brexit amendment passing and could serve as an alternative to Prime Minister Theresa May™s draft plan with the European Union, although the votes are non-binding. GBP/USD was up 0.6% to 1.3112.

Elsewhere, USD/CAD inched up 0.1% to 1.3360 and EUR/USD rose 0.1% to 1.1220.

Source: Marketwatch

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