Dollar declines weekly amid anticipation of US interest rate decisions

The article discusses the decline of the US dollar during this week's trading, with expectations of further decreases due to US inflation data that came in below forecasts. This has reduced the likelihood of the Federal Reserve raising interest rates. However, geopolitical tensions in the Middle East, especially the escalation between the United States and Iran, have strengthened demand for the dollar as a safe haven. Oil prices have risen, and the euro and British pound have moved toward weekly gains, while the Japanese yen remains near its lowest levels in 40 years. Economic data indicate that the labor market remains strong and retail sales are rising, with expectations that the Federal Reserve will keep interest rates steady. However, they may raise rates again if inflation does not improve sustainably. This has left markets in a state of anticipation, balancing economic data against geopolitical tensions.