The dollar was on track to record its worst week against a basket of currencies since July on Friday, having given up almost all the gains made since Donald Trump, now surrounded by political worries, was elected U.S. president last year.
The dollar recovered from a two-week low against a broad index on Thursday, having slid after U.S. President Donald Trump said the currency was getting too strong and that he would prefer the Federal Reserve to keep interest rates low.
Artificial intelligence (AI) will become the primary way banks interact with their customers within the next three years, according to three-quarters of bankers surveyed by consultancy Accenture in a new report.
The dollar and share prices tumbled on Monday, as investors worried that U.S. President Donald Trump's defeat over healthcare reform foreshadowed difficulties delivering other key campaign promises, in particular, fiscal stimulus.
The dollar steadied against the yen on Friday after its worst run of daily losses versus the safe-haven currency since 2010, but gains were capped by worries that U.S. President Donald Trump was on course for defeat on a new healthcare bill.
The fast-growing financial technology sector presents potentially major "systemic risks" that need to be addressed by bank regulators around the world, Bank of England Governor Mark Carney said on Wednesday.
Sterling skidded to its lowest levels—bar a "flash crash" in October—in 32 years on Monday, hit by fears that Prime Minister Theresa May will say on Tuesday that Britain is set for a "hard" Brexit out of the EU and its single market.
The euro jumped above $1.07 for the first time since mid-November on Monday, rebounding around 2 cents after hitting 21-month lows after Italy's prime minister conceded defeat in a referendum on constitutional reform and said he would resign.