News Column

Dollar Mixed Ahead Of US Retail Sales Data

August 13, 2014

BRUSSELS (Alliance News) - The US retail sales data for July is due at 8:30 am ET Wednesday. Economists expect retail sales growth of 0.2% month-over-month, while excluding autos retail sales is estimated to have risen 0.4%.

Ahead of the data, the greenback showed mixed trading against the other major currencies. While the greenback eased from early highs against the franc and the euro, it held steady against the yen. Against the pound, the greenback advanced.

The greenback was worth 1.3365 against the euro, 102.46 against the yen, 0.9081 against the franc and 1.6707 against the pound at 8:25 am ET.

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Source: Alliance News

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