Market participants widely believe the 98-level could act as the ceiling for the index, which officially publishes on a weekly and monthly basis. The dollar rose to its highest level in almost two months versus major peers after the Fed brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a long-standing reference that the crisis was weighing on the economy. By midday, it was changing hands at 6.4220, 251 pips weaker than the previous late session close. Suggestions from two Fed officials that a period of high inflation in the United States may last longer than anticipated lifted the greenback on Wednesday. By midday, the global dollar index fell to 91.397 from the previous close of 91.406, while the offshore yuan was trading at 6.426 per dollar.
Even though the price of Apple is deflated, the market-proceeding official still thinks that the 109-level could be higher than the 99+5% level.
( z0 have-concession :ARG1 ( z1 think :ARG0 ( z2 person :ARG0-of ( z3 have-org-role :ARG1 ( z4 market ) :ARG2 ( z5 official ) ) ) :ARG1 ( z6 possible :ARG1 ( z7 have-degree :ARG1 ( z8 level :mod ( z9 percentage-entity :value 109 ) ) :ARG2 ( z10 high :ARG1 z8 ) :ARG3 ( z11 more ) :ARG4 ( z12 level :mod ( z13 percentage-entity :value 99+5 ) ) ) ) :mod ( z14 still ) ) :ARG2 ( z15 inflate :ARG1 ( z16 thing :ARG2-of ( z17 price :ARG1 ( z18 company :name ( z19 name :op "Apple" ) ) ) ) ) :rel ( z20 proceed :ARG1 z4 ) )
(z0 / have-concession-91
    :ARG1 (z1 / think-01
              :ARG0 (z2 / person
                        :ARG0-of (z3 / have-org-role-91
                                     :ARG1 (z4 / market)
                                     :ARG2 (z5 / official)))
              :ARG1 (z6 / possible-01
                        :ARG1 (z7 / have-degree-91
                                  :ARG1 (z8 / level
                                            :mod (z9 / percentage-entity
                                                     :value 109))
                                  :ARG2 (z10 / high-02
                                             :ARG1 z8)
                                  :ARG3 (z11 / more)
                                  :ARG4 (z12 / level
                                             :mod (z13 / percentage-entity
                                                       :value 99+5))))
              :mod (z14 / still))
    :ARG2 (z15 / inflate-01
               :ARG1 (z16 / thing
                          :ARG2-of (z17 / price-01
                                        :ARG1 (z18 / company
                                                   :name (z19 / name
                                                              :op1 "Apple")))))
    :rel (z20 / proceed-01
              :ARG1 z4))
Even though the price of Apple is deflated , the market - proceeding official still thinks that the 109 - level could be higher than the 99+5 % level .
z16 :ARG2-of z17
z17 :ARG1 z18
z18 :name z19
z19 :op1 2
z15 :ARG1 z16
z0 :ARG2 z15
z20 :ARG1 z4
z2 :ARG0-of z3
z3 :ARG1 z4
z3 :ARG2 z5
z1 :mod z14
z1 :ARG0 z2
z0 :ARG1 z1
z1 :ARG1 z6
z6 :ARG1 z7
z7 :ARG1 z8
z7 :ARG2 z10
z10 :ARG1 z8
z7 :ARG3 z11
z8 :mod z9
z9 :value 0
z13 :value 1
z12 :mod z13
z7 :ARG4 z12
z0 :rel z20