USD is trading at $86.05 (-3.12%), with today’s decline appearing driven by profit-taking.
- USD gained 9.37% on August 27 as NVIDIA’s earnings and outlook sparked a sharp semiconductor-sector rally.
- Mixed technology trading and caution ahead of Federal Reserve Chair Kevin Warsh’s Jackson Hole guidance are also weighing.
- The broader Nasdaq is modestly lower, while elevated geopolitical and inflation-policy uncertainty limits follow-through in high-growth semiconductor stocks.