The dollar extended yesterday’s gains that were prompted by hawkish remarks from FOMC voter Lockhart. EUR-USD logged two-week lows under 1.0850. EUR-JPY and EUR-GBP also traded into two-week low territory, with much weaker than expected Eurozone retail sales, which fell 0.6% m/m, keeping the euro under pressure, offsetting an upward revision in final Eurozone services and composite PMI survey data for July. USD-JPY rallied to a six-day peak of 124.47, bringing the Jul-30 eight-week peak at 124.58 into scope.