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Dollar index adds losses after U.S. CPI, retail data fall short
July 14, 2017 / 12:51 PM / 2 months ago

Dollar index adds losses after U.S. CPI, retail data fall short

FILE PHOTO: A U.S. five dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo

NEW YORK (Reuters) - The dollar extended its earlier decline against a basket of currencies on Friday as weaker-than-forecast data on consumer prices and retail sales in June raised doubts about U.S. economic growth and whether the Federal Reserve may raise rates again in 2017.

At 8:35 a.m. (1235 GMT), the index that tracks the greenback versus a group of six major currencies .DXY was down 0.36 percent at 95.385.

Reporting by Richard Leong; Editing by Chizu Nomiyama

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