The U.S. dollar was on track for a third consecutive weekly gain, supported by encouraging developments in trade negotiations with some of Washington’s partners and stronger-than-expected economic data, which helped ease investor concerns about the U.S. economy.
After sharp losses last month, the dollar, U.S. Treasuries, and equities have rebounded as fears of a recession sparked by President Donald Trump's unpredictable tariff strategies have begun to subside.
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