The U.S. Dollar Spot Index is down about 1.4% this week, marking its largest weekly drop since January.

Gate News message: On April 10, the U.S. dollar spot index has fallen by about 1.4% this week in total, marking the largest weekly decline since January. Earlier, after the CPI data was released, market trading strategies were focused on buying the U.S. dollar and oil. The foreign exchange market has now entered a news-headline-driven trading phase, and progress in the Iran-U.S. negotiations amid a fragile ceasefire has become the new focus.

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