The dollar held near two-week highs on Friday, drawing on its safe-haven appeal, as investors rushed to unwind some of their riskier positions following a deep rout in stocks, crypto and precious metals driven by concerns over a surge in AI-related spending this year.Classic safe-havens such as gold and alternatives including bitcoin have been caught up in the backlash, while go-to haven currencies such as the yen and the Swiss franc have also not had the same draw.The dollar index, which tracks the performance of the U.S. currency against six others , was down 0.1% but still up 0.7% on the week and around its highest since January 23. In the crypto market, bitcoin headed back above $65,000, after hitting its lowest since October 2024 at $60,017. It was still set for a decline of around 13% for the week, the steepest since November 2022. Is De-dollarisation affecting the dollar really ?
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