PANews reported on May 5 that according to Jinshi, Roberto Mialich, a foreign exchange analyst at UniCredit, said in a report that the Federal Reserve is expected to keep interest rates unchanged on Wednesday, a decision that is unlikely to provide much support for the 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 dollar rather than an increase. UniCredit expects Europe and the United States to continue trading around 1.13.
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