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Optimism dominated Asian markets on Monday, with Japan’s Nikkei 225 surging to a fresh record high above the 50,000 mark. The risk-on tone carried through to U.S. futures, which pointed to another higher open as Wall Street looks set to continue its record-breaking run. In contrast, European markets lagged behind, trading mostly flat as regional […]

The post Dollar on Back Foot as Markets Cheer Prospects of US–China Tariff Truce appeared first on Action Forex.

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