April 15, 2008	Tuesday	Rabi-us-Sani 8, 1429

LONDON, April 14: The dollar fell against the euro on Monday despite a slightly stronger-than-expected US retail sales report and despite news that eurozone industrial output was slowing.

The euro found support against the dollar following inflation warnings from the head of the Bank of France that suggested to investors there will be no imminent reduction in eurozone interest rates.

In late European trade, the euro rose to $1.5831 from $1.5805 in New York late on Friday.

On the London Bullion Market, the price of gold sank to $926.50 per ounce from $927.75 late on Friday. —AFP