June 14, 2018 / 12:51 PM / 7 days ago

Dollar extends rise after robust U.S. retail sales data

NEW YORK (Reuters) - The dollar stretched its gains versus a basket of currencies on Thursday as domestic retail sales posted their strongest rise in six months, supporting the view the Federal Reserve would raise short-term interest rates further.

FILE PHOTO: A money changer holds U.S. dollar bills at a street in downtown Lima, Peru, December 15, 2017. REUTERS/Mariana Bazo

At 8:34 a.m. (1234 GMT), the index that tracks the greenback against the euro, yen, sterling and three other currencies .DXY was up 0.18 percent at 93.884.

Reporting by Richard Leong

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