• The Litecoin price prediction The ,000USD demonstrates renewed bullish momentum after brief consolidation, testing levels not seen since mid-April.

• Progress in US-China trade negotiations alleviates global growth concerns while supporting dollar-denominated assets.

• Climbing Treasury yields reflect shifting rate expectations as markets reassess the Fed's policy trajectory.

The currency markets witnessed significant dollar buying pressure as trading commenced this week, with the DXY benchmark advancing toward the 101.40 resistance zone during European hours. This upward movement gained additional momentum following the release of a joint communique from Washington and Beijing regarding their latest round of trade discussions.

Key provisions in the bilateral agreement include temporary modifications to existing tariff structures, with both nations agreeing to suspend further escalation of trade measures. This development marks a notable de-escalation in tensions between the economic superpowers, reducing uncertainty that had previously weighed on risk sentiment and dollar valuations.

Concurrently, monetary policy expectations continue evolving as market participants digest recent Fed communications. The central bank's stance suggests maintaining current rate levels for the foreseeable future, particularly given emerging inflationary pressures from trade policy adjustments. This outlook has propelled Treasury yields upward, with the 10-year note reaching its highest yield in nearly four weeks.

Market attention now turns toward upcoming economic indicators, including critical inflation readings scheduled for midweek release. These data points, coupled with scheduled remarks from Fed officials, may provide additional clarity regarding the timing and magnitude of potential policy adjustments. Such developments will likely determine whether the dollar can sustain its current bullish trajectory.