Dollar dips on Friday with US Treasury yields but still up for week; bitcoin falls
Expectations that the Fed will tighten monetary policy at a faster pace than previously anticipated had driven a rise in yields and the dollar earlier this week, and the U.S. dollar index was set for biggest weekly percentage gain since mid-December
U.S. Treasury yields fell as stock market declines reflected poor risk appetite, while concerns about potential conflict in Ukraine drove demand for the safe haven debt. Source: Reuters