The market had a strong wait-and-see atmosphere yesterday

The US dollar has fallen against a basket of currencies other than the Japanese yen

Due to the market's pursuit of risk and investors staying cautious before the release of US inflation data, the US dollar fell against a basket of currencies other than the Japanese yen on the 10th. The US dollar index fell in the overnight market, experiencing weak volatility on the day and a decline in the US dollar index at the end of the day. The US dollar index, which measures the US dollar against six major currencies, fell 0.2% in the day and closed at 102.363 at the end of the foreign exchange market.

The 10-year US Treasury yield hovered around the 4% mark and ultimately closed at 4.03%; The two-year US Treasury yield, which is more sensitive to the Federal Reserve's policy interest rates, closed at 4.36%.

Due to the unexpected increase in crude oil inventories in the United States, concerns about the largest oil market demand have arisen. Both the US and Brent oil markets experienced a plunge, erasing all gains for the day. WTI crude oil fell 1.84% to close at $72.14 per barrel; Brent crude oil rose 1.47% to $77.47 per barrel.

On that day, investors maintained a strong overall risk appetite and remained cautious before the release of inflation data in the United States, resulting in a corresponding decline in market demand for the US dollar.