ChainCatcher news, the US Dollar Index DXY has dropped nearly 30 points in the short term, currently at 109.04.

ChainCatcher news, the US Dollar Index DXY fell 30 points in the short term, reporting at 109.44. (Jin Shi)

ChainCatcher news, gold prices stabilized after three consecutive days of increase, as traders awaited the release of U.S. employment data, which will impact the Federal Reserve's policy outlook for this year. The non-farm payroll data for December is expected to show a slowdown in job growth, but still remain healthy, with economists predicting this growth will continue into 2025.Federal Reserve officials have hinted that they may keep interest rates at current levels for an extended period, only considering rate cuts again when inflation shows significant signs of cooling. As traders lower their expectations for rate cuts by the Fed in the first half of the year, the U.S. dollar index DXY is poised for a sixth week of gains, while the 10-year Treasury yield approaches its highest level since April of last year. (Jin Shi)

ChainCatcher news, the US Dollar Index DXY has touched the 109 mark, continuing to hit a new high since November 2022, with a daily increase of 0.5%. (Jin Shi)

ChainCatcher News, U.S. Republican presidential candidate Trump announced victory in the 2024 presidential election. According to 4E monitoring, U.S. stock index futures continue to rise, with gains approaching 2%.As of the time of publication, the S&P 500 index and Nasdaq 100 index futures rose by 1.86% and 1.7%, respectively, while Dow futures soared by 875 points, up 2.05%. The Russell 2000 index futures even surged over 4.78%.In addition, the benchmark yield on U.S. Treasuries has risen to 4.41% for the 10-year Treasury note. The U.S. dollar index, which measures the dollar's performance against six major trade-weighted currencies, skyrocketed by 1.53%, reaching as high as 105.19, a four-month high.

ChainCatcher news, according to Jinshi reports, the US Dollar Index DXY has risen nearly 20 points in the short term, currently reported at 100.73.

ChainCatcher news, the US Dollar Index DXY has broken 105, marking the first time since November 2023, with an intraday increase of 0.49%.