Lao Cui talks about currency: US stocks grow strongly, and the bear market in the currency circle starts?
Only the US dollar exchange rate and the trend of gold are left. You can look at the overall performance of gold. Since the beginning of this year, the performance of gold has basically been the financial market, like a cliff. It is not an exaggeration to call it a leader. The end of the war impact means the silence of the gold market. There has been no decline, but it is very difficult to maintain the overall operation. Gold performance has not escalated in the second half of the year. It is difficult to break through the existing balance. Retail investors will not sell, and capital will not fall. The gold market can basically be ignored.
Finally, there is the issue of the US dollar exchange rate. The interest rate cut in Europe has indeed given the Americans a sigh of relief. This is very easy to understand. The above question is why the American technology tree has a spark after the interest rate cut. This is also unquestionable. It must be the capital flow in Europe, and most of it has gathered on the American side. The time of the interest rate cut may be postponed, but it does not mean that there will be no interest rate cut this year. The interest rate cut will definitely happen this year, and there is no need to discuss this again. The inflow of funds will inevitably make the US dollar appreciate again, and the price of USDT will also rise accordingly. +Lao Cuishi9527111 Currently, Lao Cui sees that the highest point has recovered to around 7.28. As long as the exchange rate reaches around 7.3, it may still take some effort for Ethereum and Bitcoin to recover to their previous highs. Therefore, for users who want to see more in the currency circle, they can catch a rebound. There is still a rebound opportunity of one or two hundred. With the support of traditional capital, there will be no unilateral market, and there will definitely be a decline.