Exceptional growth for indices, the yen is cheaper

US indices rose sharply, and the dollar appreciated against the Japanese yen as a result of moderate optimism to find a way out of the potential trade war between the US and China.
More and more reports are being made of "quiet diplomacy" between the US and China to find a compromise on trade relations between the two countries.
The dollar index, which measures the performance of green money against the six major currencies, fell to 89.208, down from 89.49 at the end of last week.
The euro returned again at trading levels above 1.2400 against the dollar, while the British pound traded at 1.4221, compared to 1.4133 late on Friday.
Concerns about potential trade wars between the US and China, and other markets have triggered a rise in rescue currencies such as the yen and the Swiss franc.
However, with lower fears, investors reversed the dollar again to the Japanese yen. This led to a significant rise and three-digit growth in US indices, including the Dow Jones blue chip index.
US indices were close to "over-sold territory," after their fall in recent days, prompting many investors to target them in search of upward correction, according to market observers.