Last Friday, one of the inflation indicators that the Fed pays attention to - the US core PCE data are lower than expected, the market for March 25 interest rate cut expectations have increased, the USDX fell from a two-year high, and finally closed at 107.82, down 0.55%, but continued to rise for three weeks. Treasury yields were weaker across the board, with the 2-year yield closing at 4.317 percent and the 10-year yield at 4.519 percent. Again, considering the arrival of Christmas, which compresses the entire trading week, the market is less volatile and the dollar is more likely to fluctuate at high levels. At present, it seems that the Federal Reserve will only cut interest rates twice next year, respectively in March and June next year, and the major central banks may have some opposing measures. EUR/USD: First support: 1.0436 First resistance: 1.0444 Second support: 1.0432 Second resistance: 1.0448 GBP/USD: First support: 1.2582 First resistance: 1.2590 Second support: 1.2577 Second resistance: 1.2593