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Dollar rises vs euro on better-than-expected US retail sales

An increase in retail sales last month is pushing the dollar higher against most major currencies.

The Commerce Department says that retail sales rose 0.5 percent in December from November. That's better than the 0.2 percent rise economists expected.

The euro fell to $1.3280 in afternoon trading from $1.3378 late Monday.

The British pound fell to $1.6051 from $1.6082.

The dollar rose to 0.9318 Swiss franc from 0.9217 Swiss franc.

The dollar fell to 88.68 Japanese yen from 89.41 Japanese yen.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 4.25% dw 4.43%  
15 Y Fixed Graph 3.21% up 3.17%  
30 Y Fixed Jumbo Graph 4.54% dw 4.60%  
5/1 ARM Graph 3.56% up 3.21%  
5/1 Jumbo ARM Graph 3.55% dw 3.60%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.35% up 4.34%  
$50K HELOC Graph 4.06% -- 4.06%  
$30K Loan Graph 5.06% up 4.98%  
$50K Loan Graph 4.50% up 4.39%  
$75K Loan Graph 4.50% up 4.39%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.92% up 2.90%  
36 M Used Graph 3.44% up 3.41%  
48 M New Graph 3.18% up 3.17%  
48 M Used Graph 2.92% -- 2.92%  
60 M New Graph 3.18% up 3.17%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.33% dw 0.35%  
1 yr Graph 0.65% up 0.64%  
5 yr Graph 1.34% -- 1.34%