The dollar index fell to around 99.6 on Friday and was set to lose more than 1% for the week, weighed down by concerns over the US fiscal outlook.
President Trump's new budget bill, which includes tax cuts and increased defense spending, has raised concerns that it could further inflate the US national debt.
The Congressional Budget Office estimates the bill will add nearly $4 trillion to the national debt, fueling fears of long-term fiscal instability.
These concerns were compounded by Moody's recent downgrade of the US credit rating from Aaa to Aa1, citing ballooning deficits and the rising cost of servicing federal debt.
The greenback also faced pressure from a lack of progress in trade negotiations, which has prompted a shift away from US assets.
However, China's Foreign Ministry noted that Washington and Beijing have agreed to maintain open lines of communication, following a call between Chinese Vice Foreign Minister Ma Zhaoxu and US Deputy Secretary Kurt Campbell.
Sumber: Trading Economi
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