Euro Rises From 17-Month Low as Dollar Heads for Weekly Fall
The dollar was headed for its first weekly decline in five weeks on Friday, lifting the euro from a 17-month low. The report cited AI-investment concerns and lower U.S. yields.
The dollar headed for its first weekly fall in five weeks on Friday, lifting the euro from a 17-month low as wobbles in AI investment and drop in US yields put the brakes on recent gains.AI stocks have cratered this week and the stress spread to parts of the credit market as investors who have crow…