Investors are betting that the Federal Reserve will lay the groundwork for upcoming rate cuts at tonight's meeting, causing the dollar to fall. Analysts at Yucheng Bank's research department said in a report that the Fed may keep interest rates unchanged but will send a clear signal that the Fed is getting closer to cutting interest rates, which could happen as soon as September. They said the euro against the dollar EUR/USD may remain above 1.08, while the pound against the dollar GBP/USD may rise further above 1.28.
裕信银行：美联储将发出明确信号降息即将到来
Banks: The Federal Reserve will issue a clear signal that interest rate cuts are imminent.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.