With the release of the U.S. Consumer Price Index ( CPI ) data, significant changes occurred in the international foreign exchange market. Non-dollar currencies have appreciated, reflecting investors' sensitive response to U.S. inflation data.



The GBP to USD exchange rate has broken through the key psychological level of 1.35, with an intraday increase of 0.51%. This rise may reflect the market's relatively optimistic sentiment towards the UK economic outlook.

At the same time, the exchange rate of the US dollar against the Japanese yen fell below the level of 148. Although the decline was relatively small, at 0.10%, it still indicates a trend of strengthening in the yen. This may be related to the recent monetary policy stance of the Bank of Japan.

The euro has also seen a significant rise against the US dollar, increasing nearly 50 basis points in a short period, with a quote of 1.1632. The strong performance of the euro may be related to the expectations of the European Central Bank's policy and the improvement in European economic data.

The fluctuations in these currencies reflect that global investors are reassessing the relative strength and monetary policy direction of major economies. However, market participants need to closely monitor subsequent economic data and central bank signals to determine whether this trend is sustainable.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
DegenMcsleeplessvip
· 08-15 11:49
The US dollar has really big dumped.
View OriginalReply0
CryptoCross-TalkClubvip
· 08-14 17:15
The US dollar is depreciating.
View OriginalReply0
NotAFinancialAdvicevip
· 08-13 20:15
The US dollar is doomed.
View OriginalReply0
GasFeeWhisperervip
· 08-12 13:50
The US dollar is really weak.
View OriginalReply0
BearMarketBardvip
· 08-12 13:48
The US dollar is too weak.
View OriginalReply0
DYORMastervip
· 08-12 13:36
The weakening of the US dollar can increase the position.
View OriginalReply0
BearMarketMonkvip
· 08-12 13:28
The US dollar seems to have fallen a lot.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)