Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. The dollar rose on Tuesday to an 11-month high against a basket of currencies as a surprisingly large gain in October U.S. retail sales lifted bond yields to 10-month peaks and supported the outlook for an interest rate increase next month. An early tapering of the surge in U.S. yields tied to President-elect Donald Trump’s election win spurred traders to scale back their dollar holdings. But the greenback pared its losses after the release of retail sales figures revived selling in bonds. “It’s more a pause day, perhaps marking a period of consolidation for bonds and the dollar,” said Omer Eisner, chief market strategist with Commonwealth Foreign Exchange in Washington. The Commerce Department said domestic retail sales rose 0.8 percent in October, exceeding the 0.6 percent gain forecast […]