India, Nov. 14 -- The U.S. dollar declined against its most major counterparts in the European session on Thursday, as U.S.-China trade worries and weak data from China and Japan stoked worries that a global slowdown is deepening.
Chinese industrial output and retail sales figures for October came in below estimates, while Japan's economy grew at the slowest pace in a year in the third quarter.
Trade worries intensified after the Wall Street Journal reported that trade talks have hit a snag over Chinese purchases of U.S. agricultural products.
The report said that China is reluctant to commit to a specific amount of agricultural products as part of the phase one trade deal.
The news raised doubts about finalizing interim deal between Be...