According to Odaily Planet Daily, the market generally expects the Federal Reserve to announce an interest rate cut on Wednesday. Paul Mackel of HSBC said that unless the Fed signals that "more rate cuts are possible in the future," the US dollar may rise briefly after the rate cut announcement is released. He pointed out that the Fed needs to meet extremely high conditions to further push up the already high expectations of rate cuts. Data from the London Stock Exchange Group shows that the market currently expects the Federal Reserve to have cut interest rates by approximately 140 basis points by the end of 2026. Based on this background, there is a possibility that the US dollar may rise in the short term after the announcement on Wednesday. However, Mackel believes that considering the prospect of faster rate cuts in the future, especially if employment data continues to be weak, any increase in the US dollar is likely to be temporary. (Jinshi)