从长期来看,对三种商品货币的市场心理正在反转,由极端情绪引发的价格错配也正在得到修正。宏观经济形势在三季度发生了显著变化,外汇市场波动性也大幅增加。一方面,美国经济和就业市场加速改善,美联储提前加息的意愿逐渐升温;另一方面欧洲经济持续放缓,欧央行终于兑现宽松承诺,降息和资产购买计划先后出台。投资者纷纷转向美元多头阵营,强劲的买盘推动美元指数在三季度大幅上涨,非美货币和商品价格均遭重挫, In the long run, the market psychology of the three commodity currencies is reversing and the price mismatch caused by extreme emotions is also being revised. The macroeconomic situation has undergone significant changes in the third quarter, and the volatility of the foreign exchange market has also risen sharply. On the one hand, the U.S. economy and the job market accelerated their acceleration. The desire of the Federal Reserve to raise interest rates ahead of schedule was gradually warming. On the other hand, the European economy continued to slow down. The ECB finally fulfilled its easing promises and cut interest rates and asset purchase plans one after another. Investors have turned to the bulls of the U.S. dollar. Strong buying helped push the U.S. dollar index up sharply in the third quarter, as non-U.S. currencies and commodity prices all suffered heavy losses,