Dollar Holds Firm as AI Stock Selloff Drives Haven Demand
The dollar held firm against major currencies, supported by haven demand after a global selloff in AI stocks. Lower Treasury yields capped gains ahead of the U.S. payrolls report.
The US dollar held firm against major currencies on Friday, drawing support from haven demand after a selloff in AI stocks worldwide, though lower Treasury yields capped gains ahead of a closely watched US payrolls report.Currencies are swaying to the tune of the share and bond markets, analysts sa…