After 6 straight weeks of gains, the US Dollar Index is currently on track for its second consecutive week lower as traders look to take profits with cracks appearing in the US economy.
The US housing market is already showing the impact of rising interest rates, adding to growing concerns that an overly aggressive tightening cycle from the Fed would lead to a recession.
Check out our latest article for a deeper insight into the housing market and what this could mean for the greenback: