US dollar and yen rise after weak Chinese data

The US dollar rose against the major currencies today and the safe-haven yen rose after disappointing Chinese data as retail sales, industrial production and fixed asset investment in July were weaker than expected in addition to political tension in Afghanistan and the spread of the covid-19 delta variable. The main dollar index, which measures the performance of the greenback against 6 major currencies, rose 0.1% to 92.620, after falling to its lowest level in one week at 92.468 on Friday.

The Australian dollar fell against the US dollar by 0.6% to $ 0.7335, the New Zealand dollar fell against the US dollar by 0.4% to $ 0.7016, and the US dollar rose against the Canadian dollar by 0.4% to 1.2572 Canadian dollars.