The U.S. dollar ceded ground to the Swiss franc, Australian dollar, euro and yen on Friday

 The U.S. Dollar Index (DXY) has declined nearly 10% year-to-date, reflecting investor concerns over new tariffs and shifting global investment patterns. The depreciation is partly attributed to a move away from U.S. tech stocks toward European and Chinese equities, as well as the DXY's composition, which heavily weights the euro 

he dollar's weakness has led to gains in other currencies. The British pound reached $1.3292, nearing a three-year high, amid easing U.S.-China trade tensions and anticipation of U.S. economic data . Similarly, the Indian rupee strengthened to 84.42–84.44 per dollar, driven by positive Asian market cues and increased foreign investments .

While the dollar faces short-term pressures from trade policies and market shifts, its long-term strength may persist due to the U.S. economy's performance and its status as a global reserve currency. Investors are closely monitoring upcoming economic data and Federal Reserve actions to gauge future movements.