USD is trading 3.0% up today as semiconductor and technology shares rebound amid improving market risk sentiment and sector momentum.
- The move follows a semiconductor-led rally driven by AI-chip optimism and Micronβs investment announcement, which continues to provide a tailwind for the group.
- With no major economic releases scheduled for today, sector-specific momentum is the primary driver as broader U.S. equities trade modestly higher.
- Improving market risk sentiment is further supporting the fund's leveraged exposure to the semiconductor industry.