1309 GMT - The dollar could lag many other G-10 currencies if AI concerns lead to further stock-market instability, ING's Francesco Pesole says in a note. "Stock-market turmoil is enough to drastically reduce Federal Reserve tightening plans, even with inflation running hot." This affects the dollar's safe-haven appeal. However, the dollar is unlikely to fall considerably despite, he says. The contagion of lower tech stocks to broader U.S and world equity indices has been contained, while Nasdaq falls look modest. The DXY dollar index could fall to 101.000 in coming weeks but not much further, he says. The DXY trades flat at 101.846 after reaching a two-week low of 101.576 Friday.
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