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fxJul 17, 2026, 11:25 AM

Dollar Steadies on Tech-Led Risk-Off Flows

The US dollar recovered some of this week's losses as a technology-driven equity selloff triggered a flight to safety, according to Brown Brothers Harriman analyst Elias Haddad.

DXY

The US dollar stabilized on Thursday, recovering a portion of its recent losses as a risk-off mood swept across markets. A selloff in technology stocks prompted investors to seek safe-haven assets, with the dollar benefiting from the shift.

Brown Brothers Harriman's Elias Haddad highlighted that the flight to safety helped the dollar bounce back from earlier weakness. The move follows a volatile week for equities, with tech names under pressure.

Source: FXStreet Forex News