The dollar index fell by about 0.9% on "Powell Dovish Day", completely erasing earlier gains for the week.

On Friday, the New York closing, the ICE US Dollar Index fell by 0.89% to 97.741 points. At 22:00 Beijing time, before Federal Reserve Chairman Powell's speech was disclosed, the index continued to fluctuate at high levels, followed by a rapid drop. It fell by 0.11% this week, fluctuating upward from Monday to Friday. The Asia-Pacific closing before Powell's speech reached 98.834 points, then fell to 97.556 points. The Bloomberg Dollar Index fell by 0.80% to 1201.29 points, also plummeting after Powell released a dovish signal. It fell by 0.14% this week, with a trading range of 1212.47-1196.66 points overall.