Analysis: Thursday's CPI data could support the dollar

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ODAILY
10-09
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Odaily Planet Daily Report: The US dollar rose ahead of the release of the FOMC meeting minutes. The Fed cut rates by 50 basis points last month, and the latest meeting minutes may provide clues for the next policy measures. , an analyst at , said in a report that "the market has already priced in about 30 basis points of the Fed's easing cycle in 2024 over the past few weeks, but we also suspect whether investors are now in the mood to reprice the Fed's aggressive easing cycle." He also said that the CPI data on Thursday may show that the US core inflation rate in September is still relatively high, which may provide support for the US dollar. (Gold Ten)

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