Analysts say slowing job growth and ​easing oil prices have both contributed to the lower odds of a near-term hike. Wednesday's consumer price index data could spark another shift in expectations if it points to a reacceleration in price pressures. Producer price ‌data on Thursday and retail sales figures ⁠on Friday will offer further clues on the path of inflation. "Fresh USD downtrends are starting to form following a series of bearish USD catalysts," analysts at TD Securities said in a report. YEN DROPSThe Japanese yen weakened 0.84% to 159.14 per dollar, on pace for its steepest daily decline against the greenback in almost five months.