China pulling back troops from disputed border: Indian officials

According to the latest headlines floating on the wires, citing Indian government sources, Indian and Chinese troops have begun a partial disengagement from several points along the contested Himalayan border region. According to reports, the People’s Liberation Army was seen removing tents and structures.

The easing of geopolitical tensions remained supportive of the upbeat market mood, which continued exerting some heavy pressure on the safe-haven USD.