Dollar Heads for Weekly Fall as Investors Weigh AI Selloff
The U.S. dollar was set for its first weekly fall in more than a month against the euro and yen. Investors focused on the U.S. rate outlook as concerns about an escalation of the Iran conflict faded.
The US dollar was on track for its first weekly decline in more than a month against the euro and yen, as investors refocused on the US interest-rate outlook and concerns about an escalation of the Iran conflict eased. AI stocks have plunged this week, with the strain spreading to parts…