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Dollar Falls Ahead Of U.S. Retail Sales

The Commerce Department’s Retail Sales for June will be published at 8.30 am ET Monday. The consensus is for increase of 0.6 percent, compared to 0.8 percent growth last month.

Ahead of the data, the greenback dropped against its major counterparts.

The greenback was worth 1.1720 against the euro, 1.3280 against the pound, 112.32 against the yen and 0.9978 against the franc as of 8:25 am ET.

The material has been provided by InstaForex Company – www.instaforex.com