US inflation expectations rise, with the US dollar rebounding slightly last Friday Although gold performs well, it may be hindered below $2,400
Last Friday (May 10th), due to the significantly higher than expected one-year inflation expectations in the United States and hawkish comments from Federal Reserve officials
US weekly unemployment data exceeded expectations, US dollar index fell under pressure on the 9th The Middle East war continues, with gold prices soaring nearly $40 to a two-week high
On Thursday (May 9th), the higher than expected increase in initial jobless claims in the United States last week strengthened market bets that the Federal Reserve will cut interest rates later this y
Market attention to differences in monetary policy trends between European and American central banks The US dollar rose on Wednesday, while gold prices consolidated horizontally
On Wednesday (May 8th), the US dollar index fluctuated around 105.5 and ultimately closed up 0.13% at 105.51.
Fed officials' hawkish speeches stimulated the rise of the US dollar on Tuesday Gold slightly declined, following speeches from Fed officials
On Tuesday (May 7th), the US dollar index steadily rose, dropping to an intraday low of 105.04 before the US market.
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