13-05-2015 22:54 via news.yahoo.com

Dollar declines, gold up after soft U.S. data

By Caroline Valetkevitch NEW YORK (Reuters) - The dollar index hit its lowest in more than three months while gold prices jumped on Wednesday as weaker-than-expected U.S. retail sales bolstered confidence the Federal Reserve will hold off raising rates soon. Wall Street's major indexes ended little changed after gaining early in the session on the data, which showed U.S. retail sales were flat in April as households cut back on purchases of automobiles and other big-ticket items, indicating
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