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After the CPI is released, the US dollar short term rises
Jinshi data, July 11th, after the release of the US CPI data, the US dollar index DXY fell more than 40 points in the short term, now reported at 104.47. Non-dollar currencies generally rose, with the euro against the US dollar EUR/USD rising nearly 50 points in the short term, the British pound against the US dollar GBP/USD rising more than 60 points in the short term, and the US dollar against the Japanese yen USD/JPY falling 90 points in the short term.