Dollar rises after strong economic data

US Dollar rose against most major currencies on Tuesday after strong economic data in the US, despite concerns over the trade war.

US government data showed that retail sales rose by 0.5% in May, while industrial production rose 0.4% last month.

US President Donald Trump said China would eventually seek an agreement with the United States and end the trade war.

Trump said he is not interested in the presence of Chinese President Xi Jinping at the G20 summit, while adding that if he did not attend, more tariffs would be imposed on his country's imports from Beijing.

In terms of trade, by 18:21 GMT, the dollar index (against a number of major currencies) rose by 0.5% to 97.5 points, reaching a high of 97.5 points and a low of 96.9 points.