MW: Dollar gains after retail sales, inflation data
NEW YORK (MarketWatch) -- The U.S. dollar gained ground versus the euro and Japanese yen on Tuesday after a pair of reports said retail sales and wholesale prices rose more than forecast in June. The dollar index (DXY 79.93, -0.20, -0.25%) , a measure of the greenback against a trade-weighted basket of six major rivals, recently traded at 80.052, up from before the data and compared to 80.024 in late North American trading Monday. The dollar traded at 93.28 yen, up slightly from 92.91 yen Monday and the euro bought $1.3966, down from $1.3995. The U.S. currency had been slightly higher versus the euro and yen in earlier trading, with the market closely watching equities and corporate earnings.
