Dollar falls as U.S. retail sales unexpectedly drop in July

People around the world use the United States dollar to buy and sell things.

A new report showed that Americans spent less money in stores in July than experts expected.

When people spend less, it can be a sign that the economy is slowing down.

This news made the dollar weaker compared to other money, like the euro in Europe and the pound in Britain.

Many experts now think the Federal Reserve, which helps manage the U.S. economy, will wait to raise interest rates.

In Japan, the yen got a little stronger, and the Bank of Japan may raise its rates as soon as September.

There are also worries about tensions between the United States and Iran over the Strait of Hormuz, which pushed oil prices higher.

All of this shows that traders are uncertain about how fast big economies around the world are growing.