The US dollar (USD) had a mixed week as markets reacted to softer economic data and changing risk sentiment. Looking forward, the dollar’s path will depend on comments from the Federal Reserve and renewed attention to potential US trade tariffs. Both factors could create volatility in major currency pairs.
US Dollar: Recent Performance
- The DXY Dollar Index had difficulty extending its gains due to weaker consumer confidence and inconsistent economic data.
- Treasury yields eased slightly, showing caution among investors ahead of guidance from the Fed.
- The dollar stayed strong against commodity-linked currencies but fell short against the euro and pound.
SOURCE: riveraglam.com
