"The outlook for U.S. assets remains relatively uncompellingand investors should be shopping for value elsewhere," said HansRedeker, global head of currency strategy at Morgan Stanley inLondon. The single currency hasnot managed to gain despite broader dollar weakness as growthand inflation in the euro zone remain weaker than expected. Sterling, grappling with uncertainty over a deal to avoid achaotic British exit from the European Union, fell 0.3 percentto a one-week low of $1.3044.