CPT Markets: USA5The weak growth of the monthly service industry is suppressing the rise of the US dollar! European Central Bank...

USD Index (DXY)：

The US dollar index opened today for consolidation after a bearish rebound on Monday103.99Nearby, due to previous data showing that the US service industry5The month saw almost no growth due to a slowdown in new orders, ending the rebound triggered by strong employment growth at the beginning of the session.

According to the Zhishang InstituteFedWatchTools, the market believes that the Federal Reserve is6The likelihood of monthly interest rates remaining unchanged is highest, but the federal funds ratefuturesThe expectation that traders digest is to7At least an additional interest rate hike per month25The probability of a basis point is65%. Including nominees for the Vice Chairman of the Federal Reserve Jefferson It is emphasized that any decision by the Federal Reserve to keep its benchmark overnight interest rates unchanged at the upcoming meeting should not be seen as implying that the Federal Reserve has completed monetary policy tightening actions, highlighting that Federal Reserve officials are currently in a6month13-14Silence period before the daily meeting. Will be on6month13Published on5The monthly consumer price inflation data is the next important US economic report.

In terms of yesterday's financial event data, the US Department of Commerce announced4The monthly rate of durable goods orders remains at1.1%This reflects a fixed demand in the market for the order quantity of non consumable items, but the monthly rate of industrial orders has significantly decreased compared to expectations0.4%. In addition, the Supplier Management Association of the United States has announcedISMpublish5 Monthly non manufacturing industryPMIBelow expectations to50.3Among them, new orders and employment data have particularly declined, indicating weak demand in the service industry market.

From the upward direction, the upper suppression(Upper resistance) 103.90，104.20； From the downward direction, the lower support103.50。

euro/pound (EURGBP)：

After closing high and falling against the pound on Monday, the euro hovered around0.8616Up and down, the hawkish remarks of European Central Bank officials have boosted the euro against the backdrop of a sluggish US economy.

Affected by weak orders from US factories andISMThe mixed impact of data has helped the euro recover some of its lost territory. President of the European Central Bank Lagarde The hawkish comments from other policymakers have also boosted the euro. Meanwhile, her colleagues Nagler added that the European Central Bank needs to continue raising interest rates after the summer. Money market futures have been priced with the European Central Bank raising interest rates25Expectations of basis points. Contrary to the Federal Reserve, it is expected that the Federal Reserve will6The monthly interest rate hike will be suspended, but if the data proves they are wrong, it is expected that7Interest rates will be raised again this month.

Yesterday's financial event data was released by the German Federal Bureau of Statistics4 The monthly trade account has risen from expectations to184One billion euros, with net inflows reflecting trade surplus. Economic research institutionsSentixAnnouncement of the Eurozone6The monthly investor confidence index has decreased from expectations to-17The decline in data indicates that investors are pessimistic about the economic development prospects of the eurozone. Market research agencyMarkitAnnounce UK5The monthly comprehensive and service industry both exceeded expectations54and55.2This indicates an increase in demand in the service industry activity market in the country.

From the upward direction, the upper suppression(Upper resistance) 0.8610，0.8660； From the downward direction, the lower support0.8580。

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.