US Dollar Rebounds on Trump’s Fed Comments and Trade Optimism, Stock Futures Surge

The US dollar has shown signs of strength as President Trump alleviated worries regarding Federal Reserve independence and trade talks with China. Trump’s statements on Jerome Powell’s status and possibility of reduced tariffs based on successful negotiations with Beijing have boosted market sentiment. As a result, the dollar index has surged, leading to substantial gains in major stock futures. This development comes amidst growing optimism in the financial markets about potential resolutions to key economic issues.

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