Powell's statement is dovish, the US dollar fell on Tuesday Strong job vacancy data in the United States, putting pressure on gold prices
On Tuesday (July 2nd), the US dollar index rebounded to the 106 level and resumed its decline. During the US market, it accelerated its decline and ultimately closed down 0.113% at 105.63.
US treasury bond yields rose, and the US dollar rose slightly on Monday Federal Reserve Chairman Powell's speech is coming, how is the trend of gold prices?
On Monday (July 1st), dragged down by the rise of the euro at the beginning of trading, the US dollar index fell short and opened low.
The market is concerned about political risks in multiple countries, and the US dollar fell after being hindered from rebounding on Monday Gold rebounded after a sharp drop, with market attention turning to US inflation data
On Monday (June 24th), the US dollar index slightly fell, but remained near a new eight week high
The Swiss central bank cuts interest rates again, causing the US dollar to rise on Thursday Recent data has boosted the Federal Reserve's interest rate cut bet, with gold prices soaring over $30 to a two-week high
Due to another interest rate cut by the Swiss central bank, the market focused on interest rate differentials between different countries.
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