The US Dollar Index (DXY) drops 20 points in the short term, while US stock index futures rebound and turn positive.
According to Odaily, following the release of the US December CPI data, US stock index futures rose and turned positive. Dow futures are currently up 0.14%, the S&P 500 index is up 0.2%, and Nasdaq futures are up 0.23%. The US Dollar Index (DXY) briefly dropped 20 points in the short term and is now reported at 98.89. Non-US currencies collectively strengthened: the euro against the US dollar (EUR/USD) surged more than 20 points in the short term, the British pound against the US dollar (GBP/USD) rose 30 points in the short term, and the US dollar against the Japanese yen (USD/JPY) fell about 30 points in the short term. (Golden Ten Data)
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