"Key developments include:"

Yesterday, the Purchasing Managers' Index (PMI) data for both the manufacturing and services sectors were released, exceeding expectations.

This will make the Federal Reserve more stubborn about not moving towards interest rate cuts.

So we witnessed yesterday a further strength for the US dollar, on the other hand, we witnessed a significant decline in metal prices, indices, and currencies.

We expect the strength of the dollar to continue to increase during the next phase, regardless of any temporary decline we may witness.
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