USD is trading at $88.28, up +3.66%, as stronger Nasdaq-100 futures and rate-cut optimism support semiconductor stocks.

  • Nasdaq-100 futures rose ahead of the August employment report, supporting semiconductor and growth stocks.
  • Soft labor expectations—around 56,000 payroll gains and unemployment near 4.1%—reinforced rate-cut optimism.
  • NVIDIA gained after confirming its $12.93 billion Hugging Face acquisition, strengthening AI-sector sentiment; the move primarily reflects a broad semiconductor rebound, amplified by technology-sector momentum and lower-rate expectations.