💨 Abstract

The dollar weakened on Friday due to concerns about growth and potential reciprocal tariffs announced by U.S. President Trump next week. The Japanese yen benefited as a safe haven, as stocks tumbled and Treasury yields fell. Core U.S. inflation rose more than expected, fueling fears of stagflation. The euro was up due to technical factors, while sterling weakened slightly.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖