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The US stock markets have reopened for the final live trading session of the week and it has been a positive start. All three major indexes are reversing the hefty falls suffered yesterday and perhaps endorsing the fact; that was all about month-end rebalancing. The Dow Jones closed yesterday at 41,763. The futures were already higher ahead of the official opening and that was set at 41,869. However, as usual that was more a book entry than it was a price to trade at. So, the index immediately punched its way to a high so far at 42,114. It is just below that now as the latest US PMI is about to hit the screens
As the charge higher in the dollar continues right now, the US currency has continued to make rapid gains following the tariff news covered here...
So, the dollar has lurched higher again this morning, as covered in the latest updates here and this is all due to the news emerging from the US...
The dollar has lifted even more since the previous few updates and that has seen the EUR/USD fall towards 1.1100 now and the USD/JPY has pushed even...
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