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U.S. Dollar Drops as Economic Data Disappoints

12/4/2025

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Summary

Story summary

The U.S. dollar is near a one-week low after disappointing economic data increased expectations for a Federal Reserve rate cut in December.
Retail sales for September rose less than anticipated.
Core wholesale prices for September rose less than anticipated.
The Conference Board's consumer confidence index for November fell unexpectedly.
The ADP's weekly estimate of private payrolls showed continued contraction.

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Story summary

The U.S. dollar is near a one-week low after disappointing economic data increased expectations for a Federal Reserve rate cut in December.
Retail sales for September rose less than anticipated.
Core wholesale prices for September rose less than anticipated.
The Conference Board's consumer confidence index for November fell unexpectedly.
The ADP's weekly estimate of private payrolls showed continued contraction.