Dollar Mixed on Woes of U.S. Retailers

NEW YORK -- The dollar traded mixed against major currencies Friday as tumbling retail sales in the U.S. and confirmation that the euro-zone was in recession sent stocks lower ahead of a Group of 20 meeting this weekend in Washington.

The 15-nation euro slipped to $1.2678 in morning trading in New York from $1.2695 late Thursday, dropping off its overnight high of $1.2823. Meanwhile, the British pound, which hit a 6½ year low against the dollar and a record low against the euro Thursday, recovered to $1.4817 in morning trading from $1.4671 late Thursday.

The dollar edged up to 96.75 Japanese yen from 96.39 yen late Thursday in New York. ...