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Retail Sales Data Sends Dollar Surging

Stock quotes in this article: FXE , FXY , FXB , FXA , GLD , NEM , ABX  

The greenback was surging Thursday after U.S. retail sales in May showed a much better-than-expected improvement.

One euro was buying $1.541, down from $1.5568 on Wednesday. The dollar was climbing to 108 Japanese yen from 106.9 yen previously, and the British pound was selling for $1.9458 vs. $1.9628 a day earlier. In each case, the dollar was stronger by roughly 1%.

Against both the Swiss franc and the Australian dollar, the U.S. currency was even sturdier, rising about 1.4%. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,779.17 1,165.82 2,391.28 36.72
Oil *
81.41
UP
45.50
DOWN
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UP
2.19
UP
0.30
10 Yr
3.67%
SPDR Gold
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+0.42%
-0.03%
+0.09%
+0.82%
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