scorecardresearch
Monday, June 17, 2024
Support Our Journalism
HomeBusinessDollar edges lower after US retail sales data

Dollar edges lower after US retail sales data

Follow Us :
Text Size:

NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday after data showed retail sales in April came in lower than expected, backing expectations that the Federal Reserve will pause raising rates next month.

The dollar index was last down 0.1% at 102.33

(Reporting by Gertrude Chavez-Dreyfuss)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular