Data released moments before by the US Census Bureau showed a decline in US retail sales, worse than market expectations, as sales fell by -0.3% in May, compared to a growth of about 0.9% in April’s reading, while expectations indicated a growth of about 0.1%.

Core sales, excluding car prices, recorded a growth of 0.5% in May, compared to a growth of about 0.6% recorded in April, below expectations that indicated a growth of 0.7%.

The US dollar is trading at 105.13 levels, up by 0.45% from the lowest level recorded during the session.