The Greenback is on the march across the forex. Gains against the Swiss franc, Euro, and Japanese yen have highlighted the session. With U.S. GDP and Core Personal Consumption reports due out Thursday, it appears that traders are more than happy to go long the USD.
Today’s bullish breakout is being attributed in part to news regarding Chinese technology investments. Reports from the White House have surfaced, stating that the Trump administration will use existing laws to regulate Chinese investment in the U.S. This is in contrast to earlier reports of executive orders being used to regulate China’s investiture.
At this hour, the markets appear relieved at the development. Equities indices have opened strong and the USD is rallying amid new optimism that a U.S./China trade war may be a limited engagement.


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