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Analyst: Traders may reduce risk exposure ahead of the Federal Reserve decision
Mars Finance News, according to Jintiao reports, Pepperstone analyst Michael Brown stated that traders might reduce their exposure to risk assets before the Federal Reserve announces its interest rate decision at 2 a.m. Beijing time on April 30. He pointed out that, given the upcoming event risks, many participants will want to cut their positions. Additionally, traders are also aware that there is still no good news regarding the Middle East conflict, with no signs of a peace agreement between Iran and the United States, and the Strait of Hormuz remains blocked.