Analyst: The Federal Reserve's inaction is unlikely to support the US dollar

According to a report by Jin Shi, Roberto Miaolich, a foreign exchange analyst at Yuxin Bank, stated in a report that the Federal Reserve expects to keep interest rates unchanged on Wednesday, and this decision is unlikely to provide much support for the US dollar. Mialich said that Federal Reserve Chairman Powell made it clear in a speech last month that the central bank will wait for clearer information on how tariffs will affect the economy and inflation. The US dollar index remains weak, and the options market still shows that investors tend to bet on a decline in the US dollar rather than an increase. Yuxin Bank expects that trading in Europe and America will continue around 1.13.