SINGAPORE/TOKYO – The dollar tracked toward a second consecutive quarterly loss on Friday, as investors see U.S. interest rates close to peaking and expect the dollar's yield advantage is in decline. A modest boost from a rush to safety around mid-March as banking jitters hit global markets seems to be fading, and the dollar index is down 1.2 percent for the quarter, to extend a 7.7- percent fall in the fourth quarter of 2022. Moves in the Asia session on Friday were modest, as a tense calm has settled over traders, who still have an eye on the prospect of further deposit flight at U.

https://business.inquirer.net/393985/dollar-eyes-quarterly-drop-as-rate-rise-bets-recede

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