Make Kitco Your Homepage

FOREX-Dollar index holds losses after U.S. March retail sales data

Kitco News

NEW YORK, April 16 (Reuters) - The dollar remained at lower levels against a basket of currencies on Monday as domestic retail sales in March rose following three months of declines but failed to dispel some traders’ worries about economic growth cooling.

At 8:35 a.m. (1235 GMT), an index that tracks the greenback versus the euro, yen and four other currencies was down 0.25 percent at 89.575. (Reporting by Richard Leong Editing by Chizu Nomiyama)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News

MintFirst Britannias