USD is trading 4.5% up today as technology stocks rebound from last week's AI-driven selloff and geopolitical tensions ease.
- The Nasdaq-100 is up about 1% and the S&P 500 is up 0.65% in pre-market trading, signaling a recovery in large-cap technology.
- Improved sentiment following a U.S.–Iran ceasefire and ongoing enthusiasm for AI-related growth are supporting the move, despite lingering concerns over infrastructure costs.