TD Securities says that if the Federal Reserve keeps interest rates unchanged, the US dollar may weaken in the short term

According to TD Securities, if the Federal Reserve holds interest rates unchanged on Wednesday, the US dollar will experience short-term weakness. TD Securities expects interest rates to remain unchanged, but the Federal Reserve's Hammack and Logan will oppose and support a rate hike. TD Securities expects Federal Reserve Chairman Kevin Walsh to provide little forward guidance and instead reaffirm his commitment to price stability, pointing out a recent decline in inflation data while implying that inflation remains high.