AFP, Tokyo :
The dollar was mixed Wednesday after disappointing US retail sales report aggravated concerns about the health of the world’s top economy, while upbeat factory output data supported the embattled euro.
In Tokyo, the dollar was slightly higher at 119.64 yen from 119.44 yen in New York, but still down from above 119.80 yen earlier Tuesday.
The euro rose to $1.0635 from $1.0628, while it was also at 127.21 yen against 127.24 yen.
“Most of the focus was on the (dollar) overnight with the release of the March retail sales report,” National Australia Bank said in a commentary. “It was a slight miss, but much less so than the previous two reports.”
The dollar was mixed Wednesday after disappointing US retail sales report aggravated concerns about the health of the world’s top economy, while upbeat factory output data supported the embattled euro.
In Tokyo, the dollar was slightly higher at 119.64 yen from 119.44 yen in New York, but still down from above 119.80 yen earlier Tuesday.
The euro rose to $1.0635 from $1.0628, while it was also at 127.21 yen against 127.24 yen.
“Most of the focus was on the (dollar) overnight with the release of the March retail sales report,” National Australia Bank said in a commentary. “It was a slight miss, but much less so than the previous two reports.”
