USD is trading at $83.17 (+3.04%) in pre-market, supported by confidence in AI-memory demand reinforced by SK hynix’s record Q3 results and large shareholder-return plan.
- SK hynix’s earnings helped spark a sharp semiconductor rally in South Korea.
- Overnight, the Philadelphia Semiconductor Index jumped 3.6% while Nasdaq 100 futures rose 0.3%, supporting pre-market tech sentiment.
- Investors await earnings from Alphabet and Microsoft, along with the Fed decision, which could test the AI rally’s durability.