The dollar tumbled after a slew of US data.
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The US dollar is dipping
The US dollar falls after weaker retail sales.
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The US dollar index is down by 0.3% at 99.34 as of 8:51 a.m. ET.
Earlier, US retail sales came in weaker than expected.
Sales rose by 0.4% month-over-month in April, below expectations of 0.6%. Excluding gas and autos, sales rose by 0.3%, below the anticipated 0.4% uptick.
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Moreover, US consumer prices rebounded as the cost of gasoline rose.
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