1, safe-haven flows support the high dollar: investors buy high-yielding dollar cash tbills, or sell long-term assets such as stocks and bonds held on hand, and global risk sentiment is weak.
2, on the interpretation of CPI data: core inflation is still at a high level.
3, where the dollar top: once these three scenarios (ECB tightening monetary policy, the U.S. core inflation decline, the dollar broke below key support levels), will trigger the dollar profit-taking closing, the U.S. index fell.
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