Dollar Edges Higher After Retail-sales Report

By Joseph AdinolfiMarketWatch Pulse

The dollar edged higher shortly after Commerce Department data showed July retail sales were roughly in-line with expectations, while a reading on weekly jobless claims showed a slight uptick. The euro fell to $1.1085 from around $1.1090 before the data. The dollar rose to 124.60 yen from 124.45 yen. The pound was little-changed at $1.5610.

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