The US dollar and stock markets are on a winning streak for the third consecutive week, fueled by growing optimism regarding potential trade talks between the US and China. π This positive sentiment is evident in the performance of Asian currencies like the Australian and New Zealand dollars, which saw significant gains due to Chinese market activity. π Fresh signs of renewed dialogue emerged following Chinese state media’s optimistic broadcast, interpreted as a green light from Beijing. The dollar also benefited from statements by US Secretary of State Marco Rubio, who indicated that trade negotiations with China are anticipated to resume soon. π¬ Meanwhile, the yuan climbed to its strongest level against the US dollar in several months, signaling increased confidence in the Chinese economy and pushing traders to seek risk-taking opportunities. π Despite a slight dip on Friday, the dollar still looks set for a robust weekly gain. π Meanwhile, the yen experienced a substantial decline following Japan’s central bankβs decision to maintain interest rates and reduce growth forecasts due to uncertainty surrounding US trade policy. π―π΅ This has led to further depreciation of the Japanese currency. π The stock markets reflected this shift, with US equities surging on Thursday night as optimism around US-China trade talks bolstered investor sentiment. πͺ S&P 500 futures gained 0.68% after Chinaβs positive statement, followed by a rally in the Dow and Nasdaq. Tech giants like Apple and Amazon also saw their shares decline due to concerns about tariffs, but overall market performance remained positive. π Despite earnings miss reports from companies like Apple and Amazon due to economic uncertainties, overall market sentiment was largely positive. πͺ