In London trading the dollar continued overnight drops and reached an 11 day low versus the euro. This could be a treated to a strain of weak US financial data coming out of America the week ending August 13, which could indicate that the US Federal Reserve is not going to be raising interest rates any further in the near future. Because there was very little significant US data during the week ending August 20, the poor US consumer sentiment survey coming out on Friday, August 18th carried more of an impact alone than if it had come along with other information. Although Thursday's strong US retail sales figures were positive, Friday's negative information is going to hold a longer, stronger grip on investors due to the lack of other US data.