NY foreign exchange market = dollar rise, US retail sales increase, etc. Support materials

July 17, 2024 6:09 AM GMT+9 (some excerpts)

The dollar rose in the New York foreign exchange market at the end of the day. Although US retail sales announced on this day were stronger than expected, the content was not so strong that expectations for annual interest rate cuts by the US Federal Reserve (FRB) could not be maintained.
Retail sales (seasonally adjusted) for June announced by the U.S. Department of Commerce on the 16th were flat compared to the previous month. The market forecast compiled by Reuters was down 0.3 percent.