The U.S. dollar gained against its major counterparts on Monday, as data showed a bigger than expected increase in the nation's retail sales in the month of March.
Data from the Commerce Department showed U.S. retail sales climbed by 0.7% in March after advancing by an upwardly revised 0.9% in February. Economists had expected retail sales to rise by 0.3% compared to the 0.6% increase originally reported for the previous month.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.