Trump: US Inflation 'Short-Term'

Although the news headline suggests that inflation is temporary, it contains no concrete policy changes or data. NDX rose 1.86% in 24 hours, but the RSI at 57 remains neutral, and the price is just below the 20-day moving average (29110). The MACD continues to stay below the signal line, indicating weak short-term momentum. Therefore, the news alone is not expected to trigger a significant directional change; the market may consolidate at current levels.

The DXY is trading above its 20- and 50-day moving averages, with the RSI at 59 in neutral territory. The MACD remains below the signal line, indicating weak short-term momentum. Trump's statement that inflation is 'short-term' could provide some support for the dollar by keeping rate cut expectations alive. However, the market is accustomed to such comments, so the impact may be limited. Technically, the index is likely to consolidate between resistance at 98.32 and support at 98.15.

Although the news headline creates a perception that inflation is temporary, it contains no concrete policy changes or data. On the technical indicators, the RSI is at 55, in neutral territory, while the MACD remains below the signal line. The price is trading just above the 20-day moving average and above the 50-day moving average. No clear short-term directional signal has emerged, and the market is expected to stabilize at current levels.