Dollar Surges and Gold Plunges as US-China Trade Tensions Ease

The dollar index (DXY00 ) today rallied sharply to a 1-month high and is up by +1.30%. The dollar is surging today after the US and China agreed to temporarily lower tariffs on each other’s products. Also, today’s jump in the 10-year T-note yield to a 4-week high has strengthened...