On Friday afternoon, the dollar weakened against major world currencies on expectations of data on retail sales and industrial production in the United States. The euro rose to $1.1682, the dollar against the yen fell to 146.87, and the dollar index (the exchange rate against a basket of currencies of the six US trading partner countries) fell by 0.31% to 97.92 points. Analysts forecast retail sales growth of 0.5% in July and no changes in industrial production. The yen was supported by strong data: Japan's GDP grew by 1% year-on-year in the second quarter (forecast is 0.4%). In quarterly terms, the economy grew by 0.3% against a forecast of 0.1%. Industrial production in the country added 2.1% mom and 4.4% YoY in June. Investors are also waiting for the meeting of the leaders of the United States and Russia in Alaska, which may affect the dynamics of the dollar.
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