The dollar index (DXY00) Monday fell by -0.33%. Economic concerns weighed on the dollar after Monday's news that Feb US retail sales rose less than expected, and the Mar Empire manufacturing survey of general business conditions index fell to a 14-month low. The dollar was under continued pressure because of tariff and trade war concerns. The dollar extended its losses on Monday after the Mar NAHB housing market index unexpectedly fell to a 7-month low.
US Feb retail sales rose +0.2% m/m, weaker than expectations of +0.6% m/m, although Feb retail sales ex-autos rose +0.3% m/m, right on expectations.
