15-08-2024 09:54 AM | Source: Reuters
Dollar rises after retail sales and jobs data
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The U.S. dollar rose against a basket of currencies on Thursday, after data showed lower than expected jobless claims and a rise in retail sales as markets look for signs of how the broader health of the economy will influence the size of upcoming rate cuts.
The dollar index, which tracks the U.S. currency against six major peers, was at 102.96, up 0.36%.
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