The market's demand for safe haven increased, and the US dollar got a significant increase on Wednesday Be wary of the risk of a sharp drop in gold prices
On Wednesday (May 29th), the US dollar index rebounded for the second consecutive trading day, rising above the 105 level and ultimately closing up 0.487% at 105.14.
The yield of US treasury bond bonds rose significantly The US dollar rose slightly on Tuesday, Gold price rebounded with three consecutive bullish days
The US dollar index, which measures the US dollar against six major currencies, rose 0.02% on May 28th and closed at 104.614 at the end of the foreign exchange market.
The US dollar fell last Friday Gold hit its largest weekly decline in five and a half months due to weakened hopes of interest rate cuts from the Federal Reserve
On May 24th (last Friday), the US dollar fell against a basket of currencies other than the Japanese yen
US economic data better than expected The US dollar rose on Thursday, while gold plummeted by nearly 90 dollars
On Thursday (May 23), the US dollar index continued to rebound to a new high for the week, breaking through the 105 mark and rising 0.17% on the same day, ultimately closing at 105.11.
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