USD edges lower after U.S. report

Source: Marketwatch

The greenback lost ground versus euro this Wednesday after U.S. retail sales data, which indicated more weaknesses in the country's economy. The single European currency ticked higher from $1.2510 to $1.2539.The ICE dollar's index, which shows currency's relation to its six major counterparts, fell from 82.386 to 82.268.

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Wed, 13 Jun 2012 20:46:52 GMT

Wholesale Prices decrease in USA

U.S. wholesale prices dropped in May, as food and energy costs declined, decreasing companies' expenses. The producer price index slipped 1 per cent, 0.4 per cent steeper fall than economists expected. The food costs edged lower 0.6 per cent, while pharmaceutical costs ticked higher 0.7 per cent.

Wed, 13 Jun 2012 20:24:42 GMT

U.S. stocks fell on retail sales data

U.S. markets slumped on Wednesday after the Commerce Department data, which indicated a 0.2 per cent decline in retail sales for May, due to a decrease in gas consumption. The Dow Jones Industrial Average dropped 42 points, a 0.3 per cent decrease, to 12,472. The Standard & Poor 500 Index retreated 6.40 points, a 0.5 per cent decline, to 1,313.70 and Nasdaq-100 index gave up 9.75

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