The US dollar index lost all the gains of the Asian session, to trade in the middle of the European session, down by about 0.50%, and by more than 1.00% from its highest level during the Asian session, to trade now at 101.77 levels, affected by the gains of the Japanese yen and the decline in the US retail sales index.

The Japanese yen represents about 13.6% of the block of the Dollar Index, and accordingly, with the strong movements of the yen that followed the decision of the Central Bank of Japan, the movements of the US dollar were affected.

Data released moments ago by the US Census Bureau showed a decline in US retail sales in December by 1.1% on a monthly basis, amounting to $677.1 billion, compared to a decline of about 1.0% in the revised November reading, while market expectations indicated a decline of about 0.8%, core sales Car prices, which are excluded, recorded a decline in December by 1.1%, compared to a decline of about 0.2% in November, while expectations were for a decline of 0.5%.

On the other hand, the producer price index decreased by 0.5% in December, according to a report issued moments ago by the United States Bureau of Labor Statistics, compared to a growth of about 0.2%, which came worse than expectations, which indicated a decline to 0.1%.

Earlier, at the beginning of the European session, the report issued by the Office of National Statistics in the United Kingdom showed that the Consumer Price Index (CPI), which measures inflation, rose to 10.5% in December, compared to 10.7% in the November reading, to come in line with expectations, while the monthly index rose by 0.4%, compared to 0. .5%.

The main index, excluding food and energy prices, rose to 6.3%, as it was unchanged from the November reading, while expectations were for an increase to 6.2%.

The Euro rose by about 50 points during the day, trading at 1.0845 levels, while the Sterling Pound rose by more than 100 points, trading at 1.2388 levels.

The Japanese yen, in turn, compensated for all its losses in the Asian session, rising by more than 300 points from its highest levels during the session, and trading at 128.41 levels.