US equity indexes hit record highs on Monday, with the benchmark S&P 500's market value topping USD 20 trillion as investors bet tax cuts promised by President Donald Trump would boost the economy.
The pair is expected to trade in a range of 66.95-67.30/dollar today, according to him. The dollar rose to a near three-week high against a basket of currencies, lifted by hopes of US tax cuts as well as bets on whether the Federal Reserve may raise interest rates more quickly.
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