BusinessPhoto: Mint MarketsDollar Falls Most in Over a Month on AI Risk Concerns
The US dollar experienced its largest drop in over a month, falling 0.3% as AI-related concerns triggered a bond rally that lowered yields and pressured the currency. Despite strong inflation data showing a 1.3% rise in producer prices and higher retail sales, the dollar weakened against most major currencies, including a nearly 1% fall versus the Swiss franc. Traders are now focusing on upcoming Federal Reserve decisions.
Mint Markets·


