Dollar Stays Weak After Soft U.S. Data

Group 1 - The dollar is trading near a one-week low due to softer-than-expected U.S. economic data, which has increased expectations for a Federal Reserve interest rate cut in December [1][2] - Retail sales and core wholesale prices in September rose less than anticipated, while the Conference Board's consumer confidence index for November unexpectedly declined, indicating a contraction in private payrolls [2]