The dollar dropped to the lowest level in almost a month against the euro after U.S. reports showed inflation eased and consumption increased less than economists’ forecasts, reducing the currency’s appeal.

The U.S. dollar posted a third straight weekly loss as the data fueled speculation the Federal Reserve will keep borrowing costs unchanged this year while other central banks extend increases. The dollar may extend the decline next week on statistics forecast to show U.S. job growth slowed this month while a gauge of the service sector declined. (Bloomberg Business News)