BlockBeats News, July 30th: The Federal Reserve interest rate decision will be announced tonight, and multiple institutions have released their preview opinions. Most institutions expect the Federal Reserve to keep the interest rate unchanged and believe that the policy statement and Chairman Powell's press conference will be key catalysts for market volatility. Among them:

· Mitsubishi UFJ Financial Group and Sumitomo Mitsui Banking Corporation believe that if the Federal Reserve releases a hawkish signal or unexpectedly raises interest rates, the US dollar and Treasury yields are expected to strengthen;

· TD Securities, on the other hand, stated that if there are no dissenting votes in the decision, it means that Powell has to some extent consolidated internal consensus, and the US dollar may face significant selling pressure;

· DBS Bank pointed out that even if there is only a subtle change in the statement wording, it could significantly drive short-term interest rate volatility.

· Goldman Sachs and HSBC believe that even if the interest rate remains unchanged throughout the year, the drag on the US dollar is relatively limited. Unless the Federal Reserve unexpectedly raises interest rates, the US dollar lacks new catalysts for an uptrend.

As for gold, ABN AMRO and SIA Wealth Management believe that the gold price still has short-term support, but if there is a hawkish surprise, the upside potential may be limited.