Workflow
美债持稳与联储表态主导美元
Jin Tou Wang·2025-09-24 03:36

Core Viewpoint - The dollar index is experiencing fluctuations, currently at 97.35, with a slight increase of 0.12%, while the overall financing environment in the U.S. Treasury market is tightening [1] Group 1: Dollar Index and Market Conditions - The dollar index opened at 97.23 and is facing resistance from previous highs, indicating a potential for short-term volatility [1] - Initial stabilization of U.S. Treasury yields is providing some support for the dollar, but the index remains constrained [1] - The general collateral (GC) repo rate opened at 4.17%, down 2 basis points from the previous trading day, indicating overnight funding rates are hovering between 4.00% and 4.25% [1] Group 2: Market Focus and Key Events - Market attention is concentrated on the upcoming Treasury bill auction results and public statements from several Federal Reserve officials, which are expected to influence the relationship between the Treasury market and the dollar [1] - The dollar index faces short-term resistance levels between 97.40 and 97.45, with significant support levels between 97.15 and 97.20 [1] - A trading strategy suggests selling in the range of 97.45 to 97.05, with a stop loss of 20 points and a target at the lower end of the range [1]