Second day dollar appreciation in Afghanistan, concerns about delta variants
- US retail sales fall more than expected
- US industrial production increases
- The US dollar goes up.Higher risk currencies lose
- Kiwi falls to three-week lows
- Graphics: World Exchange Rate https://tmsnrt.rs/2RBWI5E
New York, August 17 (Reuters)-The dollar rose in two consecutive sessions on Tuesday as investors worried about Afghanistan, the slowing Chinese economy, and the rapid spread of delta coronavirus variants that forced some. Did. Lockdown.
The overall tone of the financial markets was one of the cautions, and Wall Street stocks were in the red.
A much sharper fall than expected US retail sales on Tuesday restrained the dollar’s rise, offset by a higher-than-expected rise in industrial production that accelerated the rise in the greenback. read more
“This morning’s retail sales report confirms that US consumers, the world’s largest and most trusted customers, are…