Interest rate cuts hope to weaken the impact of overshadowing safe haven demand The unsustainable rise of the US dollar and the stunning appearance of the "Twilight Star" in the fall of gold prices
On Wednesday (April 17th), the US dollar index ended its five consecutive positive days on the daily chart, falling below the 106 mark and ultimately closing down 0.401% at 105.94.
Under Powell's hawkish stance, the US dollar rose on Wednesday Gold price obstructed at $,2400 levels, alert to the risk of oscillation and roof building
On Tuesday (April 16th), as Powell hinted that the Federal Reserve had no plans to cut interest rates in the short term, the US dollar index continued to strengthen and ultimately closed up 0.152% at
The US retail data was significantly better than expected, The US dollar rose yesterday, and gold prices are once again approaching the $2,400 mark
On Monday (April 15th), as the Middle East conflict entered a dangerous new phase and US retail data showed strong performance, the US dollar index rose for the fourth consecutive day
Expectations of monetary policy differentiation are heating up, with the US dollar significantly rising last Friday Gold fell significantly after rising and consolidation
Last Friday (April 12th), supported by the fading expectations of the Federal Reserve's interest rate cut and a sense of risk aversion, the US dollar index rose above 106
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