Before the release of US inflation data, the US dollar fell

On the eve of the release of US inflation data, the DXY US dollar index fell 0.001 to 99.854. Deutsche Bank analysts have stated that speculation about the Federal Reserve raising interest rates has intensified recently, as the Fed's dual mission of stabilizing the labor market allows it to focus on inflation. According to data from the London Stock Exchange Group, the market expects a 25 basis point rate hike before the end of the year and another hike next year. The data is scheduled to be released at 20:30 UTC+8. (Caixin News Agency)