DOLLAR INDEX UPDATE
US inflation is breaking new ground
But the Fed emphasizes temporary inflation
As we can see, the CPI and PCE index, which are indicators of inflation, are higher than the experts' forecasts.
The US dollar has started to rise after the 89.24 floor and has been pressured every time by the Fed's speech, but the market is ahead of the Fed's speech. The dollar has strengthened relative to other strong currencies.
The Federal Reserve will eventually look at the bond market
As we can see, the dollar index can reach 95 in the short term in the form of WXY or 123 wave.
But the Fed emphasizes temporary inflation
As we can see, the CPI and PCE index, which are indicators of inflation, are higher than the experts' forecasts.
The US dollar has started to rise after the 89.24 floor and has been pressured every time by the Fed's speech, but the market is ahead of the Fed's speech. The dollar has strengthened relative to other strong currencies.
The Federal Reserve will eventually look at the bond market
As we can see, the dollar index can reach 95 in the short term in the form of WXY or 123 wave.
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