The US dollar headed for its first weekly fall in five weeks as concerns over AI investment and falling US yields pushed investors toward safer assets.
The dollar index stood around 102.07, while the euro traded around $1.1210–1.1217, above its 17-month low.
The euro got a much-needed reprieve as AI wobbles rocked the dollar, with investors moving toward Treasuries.
Volatility in the artificial intelligence industry is now reaching global currencies as well as stock markets.