The ICE US Dollar Index fell by about 0.5% before the release of US CPI, the Japanese Yen rose above 147, while the British Pound, Australian Dollar, and New Zealand Dollar all rose by at least 0.7%

On Tuesday (August 13), during the New York session, the ICE US Dollar Index fell by 0.47% to 102.615 points, with an intraday trading range of 103.272-102.550 points. The index hit a daily high at 17:06 Beijing time. The market's expectation of the Fed rate cut was boosted by the US PPI data released at 20:30 Beijing time, causing the dollar to immediately start a continuous volatile downward trend during the day. On Wednesday, US CPI data will be released