MW: Dollar recovers from loss after retail sales jumps
By Deborah Levine
DXY
76.2076.1076.0075.9075.80
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NEW YORK (MarketWatch) -- The dollar recovered from earlier losses versus major currencies on Friday after government data showed retail sales jumped more than twice as much as expected, up 1.3% in November. Excluding autos, sales rose 1.2%, also more than forecast. The dollar index (DXY 75.97, -0.08, -0.10%) , a measure of the buck against a trade-weighted basket of rival currencies, traded at 76.064, from 75.934 before the data and compared to 75.996 on Thursday. Still to come is a report on consumer sentiment.
