The strong US dollar storm is coming back! Under Powell's leadership, the Federal Reserve shatters the devaluation trade and the "American exceptionalism" returns to the spotlight.

Wisdom Financial News APP has learned that with several large Wall Street investment banks seeing a major reversal in the fate of the US dollar, the US dollar index, which measures the strength and weakness of the dollar against a basket of currencies, is set to record one of its best months in the past year. After Powell took over the Federal Reserve, he placed the price stability mechanism and the transformation of the Federal Reserve's expectation management mechanism into a "less communication mode" back at the center of the Federal Reserve's monetary policy. Coupled with Wall Street repricing the path of interest rate hikes, the strengthening US dollar directly impacts risk assets such as gold, silver, bitcoin, and crude oil futures that are highly sensitive to real interest rates and have relatively weak cash flow attributes.