Mitsubishi UFJ: U.S. Treasury yields and the situation in the Middle East support the short-term trend of the dollar

According to Jinshi, Lloyd Chan, a senior foreign exchange analyst at Mitsubishi UFJ Bank, pointed out in a research report that the US dollar may gain support in the short term due to high US Treasury yields and the ongoing tense situation in the Middle East. He stated that this week's Federal Reserve decision is likely to become a key catalyst for the market. Although no policy changes are expected, the market's focus will be on the guidance from the Federal Reserve.

In addition, Chan also mentioned that the issue of US tariffs is becoming a focus of market attention again.