Data on retail sales have supported the dollar

The report on retail sales drop in September, which turned out to be weaker than analysts expected has had a positive impact on the dollar, which currently continues to demonstrate the desire to recover some losses . However, dealers noted that interest in selling the U.S. currency is still strong enough to keep her from the more active correction. Currency strategists RBS, meanwhile, see the risks of further dollar decline, given the continuing concerns that the situation in the economy for some time will not allow the Fed to start raising rates. In particular, they are advised to pay attention to is not the most positive comments Fed Vice Chair Donald Kohn, which meant the unlikelihood of rate increases over a fairly long period of time.