USD is trading 4.35% up today on an AI-stock and semiconductor rally.

  • Chipmakers led premarket gains as expanding AI investment and positive U.S.-China discussions improved supply-chain sentiment.
  • An upcoming Washington-Beijing AI dialogue further lifted sentiment; falling oil prices eased inflation concerns, pushed Treasury yields lower and supported rate-sensitive shares.
  • The move extends USD's 4.25% gain on September 18, reflecting sector-wide momentum as Nasdaq and S&P 500 gains reinforced risk appetite, not an isolated fund-specific catalyst.