Dollar Falls to Three-Week Low as Swiss Franc Rallies
The dollar fell to a three-week low against a basket of currencies Thursday amid concerns about debt-funded AI investment. The Swiss franc rose sharply as French debt worries prompted safe-haven demand.
By Renae DyerThe dollar fell to a three-week low against a basket of currencies Thursday amid concerns about the sustainability of debt-funded investments in artificial intelligence while the Swiss franc rose sharply as French debt concerns prompted investors to buy the safe-haven currency.U.S. sto…