The US Dollar Index trades near 101.60, marking a fourth straight day of declines as weak tech earnings dampen market sentiment and weigh on the currency's performance.
The US Dollar Index is subdued for the fourth consecutive day, trading near 101.60, due to weak tech earnings.
The US Dollar Index remains subdued for the fourth consecutive session, hovering near the 101.60 level during Friday's Asian trading hours. Investors are reacting to disappointing tech sector earnings, which continue to pressure the greenback against a basket of six major currencies.
The index is facing downward pressure primarily due to weak earnings reports within the technology sector, which have negatively impacted investor sentiment.