The US dollar remained stable before the release of the Federal Reserve meeting minutes, and the market is concerned about expectations of interest rate hikes

The US dollar remained stable before the release of the minutes of the Federal Reserve's June meeting. Federal Reserve Chairman Kevin Walsh is committed to maintaining price stability, and the market reflects more expectations of interest rate hikes. Steve Englander from Standard Chartered Group stated that Federal Reserve Chairman Kevin Walsh avoided policy guidance and is unlikely to provide such guidance through meeting minutes. The DXY US dollar index closed flat at 101.017, briefly hitting a near week high of 101.215 overnight due to increased tensions between the US and Iran and a sell-off in technology stocks that triggered safe haven capital inflows.