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
On Thursday (April 11th), influenced by PPI data, the US dollar index took back its intraday gains and rose again during Lagarde's speech, reaching a 5-month high.
On Wednesday (April 10th), the US dollar index surged above the 105 level due to consecutive months of higher than expected CPI data shattering market expectations for the Federal Reserve's interest r
On Tuesday (April 9th), the US dollar index showed weak performance and quickly rebounded after falling 104 intraday, ultimately closing down 0.027% at 104.11.
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