The dollar is getting cheaper against world currencies

On Friday afternoon, the dollar weakened against major world currencies on expectations of data on retail sales and industrial production in the United States. 

The euro rose to $1.1682, the dollar against the yen fell to 146.87, and the dollar index (the exchange rate against a basket of currencies of the six US trading partner countries) fell by 0.31% to 97.92 points.

Analysts forecast retail sales growth of 0.5% in July and no changes in industrial production.

The yen was supported by strong data: Japan's GDP grew by 1% year-on-year in the second quarter (forecast is 0.4%). In quarterly terms, the economy grew by 0.3% against a forecast of 0.1%. Industrial production in the country added 2.1% mom and 4.4% YoY in June.

Investors are also waiting for the meeting of the leaders of the United States and Russia in Alaska, which may affect the dynamics of the dollar.