The US Dollar Index rose by about 0.5%, pulling away from the year's lowest level before Powell's speech, while the Japanese Yen fell below 145

At the New York closing on Thursday (August 22), the ICE US Dollar Index rose by 0.47% to 101.516 points. It fluctuated upward throughout the day, with an intraday trading range of 101.019-101.625 points. A significant rally occurred from the opening of the US stock market until 22:23 Beijing time, during which the US PMI and existing home sales data were released, lifting it from the lowest level since December 28, 2023, at 100.039 points.

Among Asian currencies, the US dollar rose by 0.75% against the Japanese yen to 146.28 yen, with an intraday trading range of 144.85-145.19 yen