Dollar Slips as AI Fears Drive Investors to Yen
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The U.S. dollar held steady on Monday, but pressure is building. Growing unease over artificial intelligence (AI) stocks is pushing investors toward safer assets, boosting the Japanese yen and weighing on the euro.
AI-related shares have stumbled in recent sessions, rattling market confidence. That nervousness is prompting traders to move money into the yen, long viewed as a safe-haven currency.
The euro, meanwhile, is feeling the strain. Investors are pulling back from the single currency as AI jitters ripple through global markets.
The dollar's flat performance masks the tension beneath the surface. With AI uncertainty showing no sign of easing, currency markets remain on edge.