الدولار يتراجع بعد بيانات اقتصادية أمريكية ضعيفة

The dollar declined concurrently with a drop in U.S. Treasury yields today (Friday) after negative surprises in U.S. economic data this week bolstered bets on further interest rate cuts this year by the Federal Reserve.

The week began with a mix of favorable market conditions led by a trade truce between the United States and China that pushed the dollar higher, but the euphoria quickly faded.

George Vesi, the chief foreign exchange and macroeconomic analyst at "Convera," said: "Speculation is rising again that U.S. President Donald Trump prefers a weaker dollar, which could pressure other governments to allow their currencies to rise in trade negotiations."

He added: "A weaker Asian currency against the dollar has long been seen as an advantage for regional exporters, a position the administration has sought to challenge."

In the broader market, the dollar struggled to regain its footing after a decline overnight following data that showed U.S. producer prices unexpectedly fell in April.

The producer price index figures followed a moderate reading of consumer prices earlier in the week, reinforcing bets that the U.S. central bank is likely to cut interest rates at least twice this year.