The dollar index from the end of last year to most of July this year, after five waves of decline, back to the upward trend, although the Federal Reserve has another interest rate hike, in theory the dollar is the end of the strong crossbow, but in the global economy

The dollar index since the end of last year to July for most of this year, after five waves of decline, back to the upward trend, although the Fed has another interest rate hike, in theory the dollar is the end of the strong crossbow, but in the context of the global economic downturn, the dollar is still a good safe-haven asset. The rise of the dollar is a big killer for other countries' currencies and commodities, taking international gold as an example, in the case of unstable economic and financial markets, funds will generally choose to increase their holdings of gold, but gold has collapsed in the last month. The yen was even worse, falling to 150. The RMB exchange rate also depreciates too quickly during holidays. The dollar index may rise to around 110, which is a serious challenge to the global stock market futures market, so the October securities market is not optimistic.