The US dollar recorded its worst weekly performance since June, influenced by dovish signals from the Federal Reserve and concerns over regional banks

The US dollar has fallen for the fourth consecutive day, poised to create the largest weekly decline in over three months, as Federal Reserve officials issued dovish signals and concerns grew over US regional banks. The dollar index's decline this week has expanded to 0.7%, marking the largest weekly drop since June, while the yield on 2-year US Treasury bonds has fallen to a six-week low. Traders have increased their bets on the Federal Reserve's easing policy, now expecting a rate cut of 53 basis points by the end of the year, compared to the expectation of 46 basis points on Wednesday