The US dollar index and Dow Jones Industrial Average showed opposite performance as that of crude oil and gold prices today April 18, 2023.
The US dollar index gained 0.51 to 102.07 points, and the Dow Jones Industrial Average soared 100.71 points to 33,987.18 points.
In contrast, crude oil prices lost $1.65/barrel to$80.94/barrel, and gold prices dipped $9.13/ounce to $1,994.73/ounce.
In other news, the People's Bank of China (PBOC) conducted a 38 billion yuan 7-day reverse repurchase operation in the open market today April 18, and the winning bid rate was 2.00%, which was the same as before.
As 5 billion yuan of 7-day reverse repurchases expired today, a net liquidity injection of 33 billion yuan was recorded.
