每日机构分析：12月29日

Group 1 - The US dollar index remains stable as the holiday approaches, with a year-to-date decline of nearly 10%, currently reported at 98.01 [1] - According to CICC's latest report, the RMB exchange rate is not significantly undervalued, and its recent mild recovery is reasonable given the strong performance of the Chinese stock market and the weakening dollar [1] - The CME silver volatility index has surged above 80, indicating extreme market expectations for future volatility, which typically occurs during breakout phases or liquidity panic [2] Group 2 - The Bank of Japan's recent meeting indicated that actual interest rates remain very low, suggesting potential further interest rate hikes, as the policy rate has not yet reached neutral levels [2] - The Thai baht experienced its largest drop in seven months, with traders wary of potential intervention by Thai authorities after a period of strength [2] - The South African rand is on track for its largest annual gain since 2009, driven by a weaker dollar and stable domestic political conditions, with a 13% increase against the dollar this year [2]