Dollar Tumbles After June Retail-sales Report

The dollar sank against nearly all of its rivals after official data showed U.S. retail sales fell 0.3% in June, their first decline in four months. Economists polled by MarketWatch had expected a 0.2% rise in sales. Sales for May and April were also revised lower. The dollar traded at 123.04 yen from 123.30 ahead of the data. The euro [s:eurusd] rose to $1.1067 from $1.1040 ahead of the data. The British pound traded at $1.5612, from $1.5580 ahead of the data.