LONDON—The U.S. dollar fell for a fourth consecutive day on Friday to its lowest in more than two months as investors took the view that most of the recent hawkishness from the U.S. central bank has already been priced in.
On Friday, the greenback slipped 0.2 percent to 94.62 against a basket of currencies, its lowest since early November. On a weekly basis, it is set to weaken 1.11 percent, its biggest drop since December 2020. On Thursday, it fell below a 100-day moving average for the first time since June 2021.
