Analyst: If the Federal Reserve cuts interest rates, the dollar may weaken

According to Jin Ten, analyst Neil Keene stated in a report that the risks surrounding Wednesday's Federal Reserve policy meeting tend to be less "hawkish" in tone and show a willingness for further rate cuts, which will weaken the dollar.

Keene pointed out that the dollar will decline, and it will also be supported by seasonal factors and year-end capital flows, while stocks and metals are expected to rise. Currently, the market widely anticipates a 25 basis point reduction in the federal funds target rate to 3.5%-3.75%.