Dollar Slides to May Low as Weak Retail Sales Dim Rate Bets

The dollar declined to its lowest level since May following a weaker-than-expected US retail sales report. Traders reduced their expectations for Federal Reserve interest-rate increases later in 2026 based on the sales data. The retail sales figure was released on [DATE] and showed [SPECIFIC PERCENTAGE/AMOUNT] compared to analyst expectations of [SPECIFIC PERCENTAGE/AMOUNT].

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