The U.S. dollar (USD) is heading for its first weekly loss in nearly a month, pressured by a combination of underwhelming domestic economic data and a lack of progress in critical trade negotiations. Investor focus has turned sharply toward the upcoming U.S. nonfarm payrolls (NFP) report, expected later Friday, which could significantly influence expectations for Federal Reserve policy. Market sentiment remains fragile as concerns mount over the broader implications of the Trump administration’s tariff strategy and its effects on growth.