BlockBeats news, on September 17, Monex Europe analysts stated in a report that if the Fed does not hint at consecutive rate cuts at Wednesday's meeting, the dollar may temporarily rise. The agency continues to expect the Fed to restart a prolonged easing cycle, but whether the FOMC is ready to clearly support such an interest rate path remains to be seen. If the Fed's guidance is cautious, the dollar may extend its current slight rise. However, any increase should be short-lived, as the Fed may emphasize the weakness in the labor market. (Jin10)
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Institutions: If the Fed does not hint at consecutive rate cuts, the dollar may pump.
BlockBeats news, on September 17, Monex Europe analysts stated in a report that if the Fed does not hint at consecutive rate cuts at Wednesday's meeting, the dollar may temporarily rise. The agency continues to expect the Fed to restart a prolonged easing cycle, but whether the FOMC is ready to clearly support such an interest rate path remains to be seen. If the Fed's guidance is cautious, the dollar may extend its current slight rise. However, any increase should be short-lived, as the Fed may emphasize the weakness in the labor market. (Jin10)