U.S. Retail Sales Falls

June 11 (Bloomberg) -- The dollar rose against the euro while erasing an advance versus the yen after sales at U.S. retailers unexpectedly fell in May, increasing concern the nation's economic recovery may be slowing.

Clearly the market doesn't like it

said Jessica Hoversen, a Chicago-based analyst at the futures broker MF Global Holdings Ltd.

You have slower consumer growth in an environment where the market is looking for the U.S. consumer to take over.

Retail sales decreased 1.2 percent, the biggest drop since September 2009, following a 0.6 percent April gain that was larger than previously estimated, Commerce Department figures showed today in Washington.

The dollar was little changed at 91.30 yen at 8:56 a.m. in New York, from 91.34 yen yesterday. It rose 0.2 percent to $1.21 per euro, from $1.2124. The euro declined 0.2 percent to 110.51 yen, from 110.72 yen, gaining 0.5 percent for the week.