Dou Ming: The impact of the Federal Reserve's decision on the US dollar may not be significant.

In a report, a strategist from TD Securities stated that if the Federal Reserve maintains interest rates on Wednesday and reiterates a message of patience for future actions, the reaction of the US dollar may be minimal. They stated: "Given the persistently high geopolitical uncertainties and the lack of data indicating an urgent need for Fed action, the market's response to this Fed meeting and statement is likely to be muted." The focus will be on Fed Chairman Jerome Powell's press conference, and how he responds to any questions regarding his term and the possibility of remaining in office during the transition period. They said that under the leadership of Fed Chair nominee Kevin Warsh, most scenarios will be mildly bearish for the US dollar, as there are lingering doubts about Warsh's independence compared to Powell.