💨 Abstract

The dollar started Monday on a weak note due to a potentially weakening U.S. labor market and global trade war concerns, leading investors to safe havens like the yen and Swiss franc. The U.S. economy has been outperforming its peers, but investors have reduced long dollar positions, causing a drop in its value. The euro saw its best weekly performance since 2009 due to Germany's fiscal reforms.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖