📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Analyst: The dollar holds steady as the yen falls, with the market awaiting the release of US CPI data
On February 12, Jin Shi Data reported that the US dollar was basically stable against other major currencies on Wednesday as traders awaited US inflation data. However, Federal Reserve Chairman Powell's speech boosted US Treasury yields and provided some support for the US dollar against the Japanese yen. The USD/JPY pair pumped about 0.7% intraday and broke through its 200-day moving average. Nick Twidale, Chief Market Analyst at ATFX Global, said, 'The yen has always been sensitive to US dollar yields.' He pointed out that the breakthrough of the 200-day moving average in the subdued trading before the release of US CPI data may have exaggerated the yen's decline. Jane Foley, Senior Forex Strategist at Rabobank, also said that the yen may be affected by profit-taking as it has been the best-performing major currency against the US dollar since 2025.