U.S. Dollar Faces Major Weekly Decline Amid Rising Global Tensions; Sterling Gains Momentum
The U.S. dollar is poised for its sharpest weekly drop since June, pressured by escalating geopolitical conflicts and investor apprehensions regarding U.S. foreign relations. While the greenback declines, the British pound advances following unexpected retail sales growth, signaling domestic economic resilience. Elsewhere, the euro retreats slightl…