NEW YORK -- The dollar gained against the euro but declined against the yen after the release of the U.S. April retail-sales report.
Sales fell a second month in a row with the loss of nearly six million jobs. Economists had expected an increase of 0.1%.
The report diminished the mounting risk appetite that has overtaken currency markets in the past couple of weeks. Overnight gains in the riskier euro trades reversed.
"The data will play to the grain of a market that is starting to see positive risk ...
