The US dollar index fell by about 2.2% in August, showing an overall L-shaped long-tailed decline.

In the New York session on Friday, the ICE US Dollar Index fell by 0.02% to 97.792 points. After the release of PCE inflation data favored by the Federal Reserve, it briefly rose to 98.134 points before quickly turning downwards. It has dropped by 2.18% in August, with a significant drop from 100.257 points on August 1st, followed by continued low-level volatility. On the 22nd, there was another significant drop of 5 points, hitting a monthly low of 97.556 points. The Bloomberg Dollar Index remained roughly unchanged at 1201.12 points, with a cumulative decline of 1.67% in August. The overall trading range was between 1224.64 and 1198.45 points, with a monthly low on August 13th.