The US dollar index rose back on Thursday, with the help of the rise against the Japanese yen Data shows that consumer prices have slightly increased, but inflation is still far above the Federal Reserve's 2% target

CWG Markets

The US dollar index rose back on Thursday, with the help of the rise against the Japanese yen Data shows that consumer prices have slightly increased, but inflation is still far above the Federal Reserve's 2% target

On Thursday, the US dollar index turned negative to positive, with the help of the rise against the Japanese yen. Investors digested US July inflation data, which showed a slight increase in consumer prices, but inflation remained far above the Federal Reserve's 2% target; Gold prices have risen, and consumer prices in the United States have slightly increased in July, consolidating expectations that the Federal Reserve's interest rate hike cycle is about to end.

Gold prices climbed on Thursday, after data showed a slight increase in consumer prices in the United States in July, consolidating expectations that the Federal Reserve's interest rate hike cycle is about to end.