The US dollar made a strong comeback fueled by President Trump’s remarks on Federal Reserve independence and trade talks with China. Trump’s comments reassured markets, leading to a boost in market sentiment. The dollar index surged as major stock futures saw substantial increases. Trump’s statements regarding Jerome Powell’s status and potential tariff reductions based on successful negotiations with China played a crucial role in the market’s positive response. The developments have injected optimism into the market, driving the dollar’s rise and bolstering stock futures.

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US Dollar Rises on Trump’s Reassurances on Fed and China Trade, Boosting Market Sentiment and Stock Futures
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