The US Dollar (USD) trades with a positive tone for the second straight day on Friday, drawing strength from upbeat US economic data and fresh optimism on trade.
US Dollar (USD) remains under downside pressure largely against the cyclical-sensitive currencies while global equity markets are powering forward, BBH FX analysts report.
The Dow Jones Industrial Average (DJIA) extended a mid-week rebound on Thursday, tipping back into positive territory for the week as investors continue to brush off inflationary fears, tariff threats, and growing concerns that the Federal Reserve (Fed) could be poised to lose its political autonomy