The dollar retreated against its rivals Thursday after the Commerce Department said U.S. retail-sales fell for the third-straight month in February.The dollar USDJPY, +0.16% changed hands at 121.35 yen Thursday afternoon after falling as low as ¥120.66 in the wake of the data. The buck traded at ¥121.47 Wednesday evening.
The euro EURUSD, -0.29% traded at $1.0632, compared with $1.0547 Wednesday.
The British pound, however, surrendered its early gains against the dollar in afternoon trade, falling to a 20-month low of $1.4850 GBPUSD, -0.13% compared with $1.4910 Wednesday.
The ICE U.S. Dollar Index DXY, +0.13% a measure of the dollar’s strength against six rivals, fell 0.5% to 99.30.
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