Analysts: The last thing the market wants to see is that Powell's dovish signal is not strong enough

Analysts Childe-Freeman said that neither the Fed's policy statement nor the two officials' dissenting votes were surprising, and the key to assessing whether to cut interest rates in September will fall on Powell's press conference. Any dovish hints at the conference could support dollar bears, but this week's data did not really solve the uncertainty of the current economic situation, which also confirmed the rationale for the current hold on fire. She pointed out that "the most painful market scenario is that the dovish signal in the press conference is" not strong enough "to reverse the rebound of the dollar this week, thus leaving room for the dollar to continue to rise."