It seems that investors preferred to focus on the positive signals and in particular, on the fact that there will be no new tariffs in the next three months.
The dollar will have to pass an important test. The dollar index fell by 0.5% this morning, testing the for its uptrend. The demand for risky assets has been growing and the main reasons were the expectations of a breakthrough in trade negotiations as well as the softening of the Fed's tone. All these factors may break the U.S dollar’s upward trend.