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Dollar rises on retail sales boost

Dollar rises on retail sales boost

The dollar strengthened due to steady retail sales and unchanged import prices. The Dollar Index gained 0.07%. Sterling and the euro weakened ahead of the ECB meeting, anticipating Christine Lagarde's comments. Bitcoin rose 1.58%. Trevisani cited resilient ex-auto sales. The Canadian dollar strengthened. Powell noted inflation trends. Markets price in a September Federal Reserve rate cut.

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