The dollar pared earlier losses against a basket of major currencies on Wednesday following the Federal Reserve's widely expected decision to raise short-term interest rates.
U.S. retail sales in May recorded their biggest drop in 16 months and consumer prices unexpectedly fell month over month, suggesting inflation pressures are moderating, which could impact further Federal Reserve interest rate increases this year.
The dollar index was last down nearly 0.4 percent at 96.618, after earlier touching its lowest since Nov. 9 at 96.323.
Earlier, the euro rose to its highest since Nov. 9 against the dollar, hitting $1.1295. It traded at $1.1251 immediately following the Fed announcement.
Against the yen, the greenback fell by more than 1 percent following the data release to touch 108.95 yen, its lowest since April 21. Recently, it traded at 109.29.
"The numbers cast serious, serious doubt on whether there will be another hike this year," said Greg Anderson, global head of foreign-exchange strategy at BMO Capital Markets in New York.