Early trade in New York: dollar index dips after US February PPI, retail sales data

The dollar fell briefly against a basket of currencies on Wednesday as an unexpectedly drop in US retail sales in February offset a stronger-than-forecast rise in domestic producer prices last month. At 8:38 am (1238 GMT), the index that tracks the greenback versus the euro, yen, sterling and three other currencies was up 0.02 percent at 89.680.