Dollar Gains Amid Trade Optimism and Fed Stance

The dollar is poised for a weekly gain against most major currencies as investor optimism builds over trade negotiations following a U.S.-UK trade deal. Investor sentiment improved amid expectations that the U.S.-China talks scheduled for the weekend will provide positive developments.

The euro dipped to a one-month low against the dollar, marginally recovering later. The yen also experienced fluctuations, mirroring investor sentiment, while the pound fell after initial gains on the limited U.S.-UK trade agreement.

Central bank policies remained largely stable, with focus shifting to global trade dynamics. Despite market fluctuations, Bitcoin's strong rally reflects increased risk appetite in speculative markets. The week ended with geopolitical tensions influencing currency movements, particularly affecting the Indian rupee.

(With inputs from agencies.)