July 16, 2019 / 12:50 PM / 4 months ago

FOREX-Dollar holds gains as U.S. retail sales beat forecast in June

NEW YORK, July 16 (Reuters) - The dollar held its earlier gains versus a basket of currencies on Tuesday as data showed U.S. retail sales grew more than expected in June, soothing concerns about consumer spending slowing in the third quarter.

At 8:44 a.m. (1244 GMT), an index that tracks the greenback versus six other currencies was up 0.37% at 97.291 after touching 97.332 earlier, which was its highest in four sessions. (Reporting by Richard Leong)

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