MARKET UPDATE
Dollar Drops to One-Month Low; Fed Hiking Expectations Ease The U.S. dollar weakened in early European trade Friday, sinking to a one-month low on rising expectations that the Federal Reserve’s tightening cycle could be relatively short-lived. Additionally, EUR/USD rose 0.2% to 1.0742, GBP/USD rose 0.2% to 1.2621, both pairs climbing to levels not seen since…