MW: Dollar slips, Treasurys up after retail sales data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar lost some ground against major currencies and Treasury prices held small gains after a report showed U.S. retail sales fell 0.5% in June, more than some economists expected. Excluding autos, sales slipped 0.1%. A separate report said import prices fell 1.3% last month. The dollar index (DXY 83.51, -0.13, -0.16%) , which tracks the U.S. unit against a basket of six major currencies, traded at 83.532, from 83.608 before the data and 83.564 in late North American trading on Tuesday. The euro (CUR_EURUSD 1.2714, -0.0005, -0.0393%) rose to buy $1.2716, up from $1.2693 Tuesday. Yields on 10-year notes (UST10Y 3.10, -0.02, -0.71%) , which move inversely to prices, fell 2 basis points to 3.11%. Still to come is the Treasury Department's sale of 30-year bonds (UST30Y 4.09, -0.02, -0.44%) and the release of the minutes from the Federal Reserve's June policy meeting.
