AP News

Dollar rallies as US retail sales rise

NEW YORK (AP) — The dollar is rallying against most major currencies after retail sales rose last month.

The Commerce Department says that retail sales rose 1.1 percent in September to a seasonally adjusted $412.9 billion.

The euro fell to $1.2938 in afternoon trading from $1.2958 late Friday. The British pound fell to $1.6064 from $1.6073.

The dollar rose to 78.71 Japanese yen from 78.38 Japanese yen and to 0.9340 Swiss franc from 0.9329 Swiss franc.

We Almost Lost the Nasdaq

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus