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)
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Dollar edges lower after US retail sales data
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)