The US dollar surged to a two-month high following optimism over the US-EU trade deal, causing the euro to drop 1.3%. The deal, criticized for favoring the US, includes significant EU purchases of American products. In contrast, US equities, led by Nvidia, continued their rally, with the Nasdaq hitting a fresh record high. Asian markets slipped due to a stronger dollar. The USD/JPY pair is nearing a key resistance level, while gold found support at $1,300. The Nikkei 225 may be poised for a bullish continuation after a minor corrective pullback.

Read more at Investing.com: US Dollar Recovery Pressures Asia Markets Despite Wall Street Rally