[The Dollar Remains Weak After Hitting a Five-Week Low, Market Expects an 85% Probability of a Fed Rate Cut in December] The dollar remained weak after hitting a five-week low in the previous trading session, as U.S. data and news about the Federal Reserve chair nomination boosted rate cut expectations. On Wednesday, the ADP private sector employment report came in weaker than expected, and ISM services data showed easing price pressures. Prior to the release of this data, Trump hinted at nominating Hassett as the next Federal Reserve chair. According to LSEG data, the market is pricing in an 85% probability of a Fed rate cut in December.