Dollar falls after Beige Book, retail sales

The dollar weakened against its main rivals Wednesday after a spate of weak economic data and the Federal Reserve’s Beige Book painted a troubling picture of the U.S. economy.

The ICE U.S. Dollar Index DXY, +0.02% a measure of the dollar’s strength against a basket of six rival currencies, was down 0.5% to 94.2800.

Emerging-markets currencies also put in a strong performance Wednesday, with several — including the Brazilian real USDBRL, -0.0682% South African rand USDZAR, -0.2553%  and the Turkish lira USDTRY, -0.3569% — rising nearly 2% against the dollar.

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