CPT MarketsUS regulatory authorities reiterate the strength of the banking system to reverse negative sentiment!...

USD Index (DXY)：

The US dollar index rose slightly to102.67Nearby, the financial risk sentiment of banks has improved recently, and the market is biased towards the central bank's ability to concentrate on fighting inflation, giving the US dollar short-term upside space.

Tuesday, Vice Chairman of Federal Reserve Regulation Bar The Senate Finance Committee stated that the problems at Silicon Valley Bank are attributed to poor risk management, indicating that this may be an isolated case. Regarding this,Monex USAForeign exchange traderHelen  GivenThis testimony has helped provide a small life raft for the US dollar, easing market concerns that the Federal Reserve may not be able to control the damage of the past few weeks. The recent failures of the US financial industry seem to have been contained and risk sentiment improved, leading to hopes that the central bank can once again shift its focus to fighting inflation and helping support the US dollar.

Regarding yesterday's financial events, the National Association of Real Estate BrokersNARpublish2The monthly sales index of completed housing contracts has improved to-21.1%And plummeted significantly to0.8% (Reporting Index83.2)This reflects that the sales volume of the real estate market is still weighed against the fluctuating demand in the market.

From the upward direction, the upper suppression(Upper resistance) 102.60，103.00； From the downward direction, the lower support102.20。

euro/pound (EURGBP)：

After a significant surge in the euro against the pound on Wednesday, it rose to0.8808Nearby, due to the stability of basic inflation in the eurozone, the euro received an upward boost.

European Central Bank officials Schnabel At the meeting of the National Association of business economics held in Washington, the speech pointed out that basic inflation in the euro area remained stable, and the European Central Bank2%There is a certain degree of flexibility in terms of goals, and our goal is to establish mid-term goals, so we do not want to cause unnecessary pain due to taking action too quickly. However, based on the rapid infiltration of last year's surge in energy prices into the broader economy, ending inflation may take longer. In terms of the specific development prospects of the UK, economists at HSBC maintain their bullish view on the pound, believing that the pound should benefit from improved global risk appetite. Due to recent upward surprises in domestic activity data, supply side driven inflation may significantly decline in the summer season, and the improvement of the UK trade account, the pound should also be supported.

In terms of yesterday's financial events, German market research institutionsGFKpublish4The monthly consumer confidence index was lower than expected to-29.5This reflects the pessimistic attitude of consumers in the country towards the future prospects. In addition, the French National Bureau of Statistics announced3The monthly comprehensive consumer confidence index fell to81It shows some weakness in living standards, financial and employment conditions, and purchasing power of commodities.

From the upward direction, the upper suppression(Upper resistance) 0.8800，0.8840； From the downward direction, the lower support0.8770。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.