The greenback and U.S Treasuries soars after Trumps’ tax cut proposal

On Thursday greenback and U.S. bond yields grew up after President Donald Trump proposed the biggest U.S. tax overhaul in 30 years.

It was the reason for pressure on currency markets, so MSCI’s index drags down by 0.4 percent to one-month lows.

At the same time, after getting cues from gains on Wall Street, the Dow Jones Industrial Average rose 0.25 percent while the S&P 500 gained 0.41 percent.

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