机构：美元小幅反弹难掩下行趋势

Core Viewpoint - The dollar is experiencing a slight rebound, but its underlying downtrend remains unchanged according to analysts from BBH [1] Group 1: Dollar Performance - Despite facing tariff risks, the dollar is currently only slightly above its recent lows [1] - Analysts expect stronger market resistance against the Federal Reserve's hawkish stance, which will further pressure the dollar [1] Group 2: Economic Risks - Tariff policies may exacerbate stagflation risks, serving as an additional factor to depress the dollar's performance [1] - The current tariff news could act as a catalyst for the next decline in the dollar, similar to past events [1]