Dollar Set for Steady Week, Quarterly Loss Amid Tariff Concerns

Dollar Set for Steady Week, Quarterly Loss Amid Tariff Concerns

The U.S. dollar was on track for a steady finish on Friday but faced a potential quarterly loss next week, as concerns over tariffs and their impact on U.S. growth weighed on market sentiment. The imposition of new tariffs has led to a decline in U.S. yields and stocks, which in turn has put pressure on the currency. Analysts suggest that the ongoing trade tensions could continue to hinder economic growth, leading to a cautious outlook for the dollar in the short term. Investors are closely watching for further signs of economic slowdown or relief from tariff disputes.

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