CPI data makes bulls ecstatic Powell's dove faction fell short of expectations The US dollar stabilized and rebounded after a sharp decline
On Wednesday (June 12th), due to lower than expected US May CPI data, the US dollar index plummeted significantly.
The European Parliament elections led to a rise in the US dollar on Monday Gold rebounded after oversold, with upward resistance starting at $2,320
On Monday (June 10th), due to recent strong US economic data, the US dollar index rebounded slightly.
The global central bank's "interest rate cut trend" is surging Gold rebonded strongly
On Wednesday (June 5th), due to the largest increase in the US corporate activity index in three years, the US dollar index fluctuated and strengthened
US inflation data meets expectations The US dollar fell last Friday, and gold fell under pressure
Last Friday (May 31), due to the core PCE price index in the United States hitting a new low since December 2023, the US dollar index weakened and recorded its first monthly decline in 2024
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