FOREX-Dollar languishes near one-week low after consumer sentiment blow

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By Kevin Buckland TOKYO, Aug 16 (Reuters) - The dollar held near a one-week low versus major peers on Monday, after slumping the most in almost seven weeks on Friday as diving U.S. consumer confidence hurt bets for an early tightening of Federal Reserve policy. The dollar index, which measures the greenback against six rivals, was little changed at 92.528, maintaining a 0.50% tumble from the end of last week. It dipped as far as 109.455 yen for the first time since Aug. 5 on Monday, before trading 0.13% weaker at 109.465. Against the euro, it was mostly flat at $1.17960, close to the one-week low of $1.18045 reached Friday. A University of Michigan survey released at the end of last week showed consumer sentiment sliding to the lowest level since 2011 amid an acceleration in COVID-19 infections caused by the fast-spreading Delta variant. U.S. retail sales data due Tuesday will be closely watched for further clues on consumer behaviour. "Does the survey signal an imminent turn
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