freeslotgameswithbonusspins| US economic data was better than expected, the US dollar index rose on the 23rd

transferred fromfreeslotgameswithbonusspins: Xinhua Finance

Xinhua Finance, New York, May 23 (Reporter Liu Yanan) U.S. economic data was better than expectedfreeslotgameswithbonusspins, the U.S. dollar index, which measures the U.S. dollar against six major currencies, rose 0.0% on the dayfreeslotgameswithbonusspins.17%, closing at 105 at the end of the foreign exchange marketfreeslotgameswithbonusspins.108。

Preliminary data released by S & P Global on the morning of the same day showed that the comprehensive prosperity index of the U.S. manufacturing and services industries in May was 54.4, significantly higher than 51.3 in April, the highest level since April 2022. The prosperity indices of the manufacturing and services industries in May were 50.9 and 54.8 respectively, up from 50 and 51.3 respectively in April.

Marc Chandler, chief market strategist at Bannockburn Global Forex, said money markets are still responding to strong U.S. economic data as expected. Chandler believes that the dollar still has some room to rise.

Chandler said that in view of the information released in the minutes of the Federal Reserve's Open Market Committee's monetary policy meeting on the 22nd, the market is still exaggerating the possibility of the Federal Reserve cutting interest rates twice this year. This expected correction will support the dollar in the near term.

On the same day, the yield on the 10-year Treasury bond rose rapidly by more than 5 basis points with the latest purchasing managers 'data, providing support for the US dollar.

As of the end of the New York exchange market, 1 euro was exchanged for US$1.0805, down from US$1.0821 on the previous trading day;1 pound was exchanged for US$1.2686, down from US$1.2714 on the previous trading day.

1 US dollar is converted to 156.90 yen, higher than 156.63 yen on the previous trading day;1 US dollar is converted to 0.9149 Swiss francs, lower than 0.9152 Swiss francs on the previous trading day;1 US dollar is converted to 1.3743 Canadian dollars, higher than 1.3695 Canadian dollars on the previous trading day;1 US dollar is converted to 10.7486 Swedish kroner, higher than 10.7476 Swedish kroner on the previous trading day.

Editor: Hu Chenxi