U.S. Dollar Slides In Trading With Euro, Yen; Uncertain With Pound []

The dollar was generally weak against its major counterparts during Tuesday's trading in New York. The buck slid in trading versus the yen, as well as with the euro. Meanwhile, the dollar saw uncertain movement in trading with the pound. The day's action was affected by the release of several economic reports, especially weaker-than-expected retail sales data in the morning.The greenback slid in trading with the euro Tuesday morning in New York before settling into choppy trading. The dollar touched a daily high of 1.3154 at 4:30 am ET, and began to retreat shortly after. The greenback fell to an almost-two week low of 1.3221 around 8:30 am ET with the release of the retail sales data. After touching the low, the pair settled into choppy trading that lasted into the afternoon. By 3:30 pm ET, the pair traded around 1.3193.The dollar declined against the yen throughout Tuesday's New York trading day. The buck touched a daily high of 117.58 at 1:30 am ET. The slide picked up speed shortly before the release of the retail sales data in the U.S. and accelerated once it came out at 8:30 am ET. The buck attempted to come back with the release of business inventories, but declined soon after. The greenback touched a weekly low of 116.34 at 1 pm ET. By 3:30 pm ET, the pair traded around 116.48.The greenback was uncertain in trading with the pound Tuesday in New York. The two primarily kept in a range they began near the end of Monday's session. The dollar touched a daily high of 1.9275 at 3:25 am ET, and a daily low of 1.9354 at 9:15 am ET. By 3:30 pm ET, the pair traded around 1.9299.Tuesday morning, the Department of Commerce released its closely watched report on retail sales in the month of February, showing that sales rose less than economists had been expecting. Sales unexpectedly fell when excluding auto sales. The report showed that sales edged up 0.1 percent in February after coming in unchanged in January. Economists had been expecting a somewhat more significant increase in sales of about 0.3 percent.Later in the morning, the Department of Commerce released its report on business inventories and sales in the month of January, showing that inventories increased in line with economist estimates while sales fell. The report showed that business inventories edged up 0.2 percent in January after coming in unchanged in the previous month. The modest increase in inventories came in line with economist estimates.During the middle of the day, the Mortgage Bankers Association released the results of its National Delinquency Survey which showed that the mortgage delinquency rate rose to a seasonally adjusted 4.95 percent in the fourth quarter from 4.67 percent in the third quarter. With the increase, the rate was at its highest level since the second quarter of 2003. The increase in the mortgage delinquency rate was due in large part to an increase in sub-prime delinquencies, which rose to 13.33 percent in the fourth quarter from 12.56 percent in the third quarter.