The dollar was on track for a stable week on Friday but was set to post a quarterly loss next week, as concerns over tariffs slowing U.S. growth have led to declines in U.S. yields, stocks, and the currency.
The euro, just under $1.08, was poised for its biggest quarterly gain in over a year, rising more than 4% since the start of 2025, driven by improved peace prospects in Ukraine, a weaker dollar, and a significant increase in benchmark German yields.
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