14 June 2005, 17:20  The dollar lost strength early Tuesday after weaker-than-expected retail sales

The dollar lost strength early Tuesday after weaker-than-expected retail sales and producer price figures. The Labor Department reported that producer prices dropped 0.6% in May, the largest drop in more than two years. Excluding food and energy costs, the core PPI rose 0.1%. Economists were expecting the PPI to fall 0.2% and the core rate to rise 0.2% Separately, the Commerce Department said U.S. retail sales fell by a weaker-than-expected 0.5% in May. The euro rose to $1.2134 from $1.2105 before the news. The dollar traded at 109.09 yen, against 109.27 yen before the news.

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