TechFlow, May 7 — According to Jinshi Data,瑞讯银行 analyst Ipek Ozkardeskaya said in a report that news of China-U.S. talks could raise hopes for easing trade tensions and boost risk appetite, leading to a recovery in the dollar. A trade war would normally increase demand for the safe-haven dollar, but that hasn't happened. Meanwhile, markets widely expect the Fed to hold interest rates steady. Before cutting rates, the Fed may wait to assess the progress of trade negotiations and the impact of tariffs on economic growth and inflation.
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