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The dollar stabilizes, supported by strong data

Markets await signs of easing global trade tensions

Investors are monitoring the outcome of the dialogue between Beijing and Washington amid fears of an economic slowdown. The US dollar began trading today with a stable performance, following gains last week supported by strong US employment data. This stability comes as markets focus on high-level trade talks between the United States and China, which begin today in London.

Investors hope that these meetings, which will include US Treasury Secretary Scott Smith and Chinese Vice Premier He Linfeng, will help ease trade tensions and provide positive signals regarding the stability of global supply chains.

The dollar's stability reflects a delicate balance between fears of a global economic slowdown and hopes for progress in the talks. Any positive results could also help reduce expectations of a near-term interest rate cut by the Federal Reserve.

- Source: Reuters

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