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Gate ELSA Futures Trading Challenge is Now Live!
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Details: https://www.gate.com/announcements/article/47889
The U.S. non-seasonally adjusted CPI recorded an annual rate of 2.4% in May, compared to market expectations of 2.5%. The US non-seasonally adjusted CPI recorded 0.1% m/m in May, compared to the consensus of 0.2%. US seasonally adjusted core CPI recorded 0.1% m/m in May, compared to the consensus of 0.3%. The US non-seasonally adjusted core CPI recorded 2.8% y/y in May, compared to the consensus of 2.9%. Spot gold rose $12 in the short term and is now trading at $3349.16 an ounce. The U.S. dollar index DXY fell more than 30 points in the short term and is now trading at 98.74. (Golden Ten)
The news is out. The short position almost got liquidated.