news flash·2025-07-14 02:52Core Viewpoint - HSBC's foreign exchange research head Paul Mackel indicates that changes in U.S. policy, along with upcoming inflation data, are likely to dictate the dollar's trend this week [1] Group 1: U.S. Economic Indicators - The June Consumer Price Index (CPI) is expected to show a slight increase compared to May [1] - The dollar is beginning to respond to data in a more conventional manner, suggesting that weak data could hinder the dollar's performance [1] Group 2: Trade Policy and Tariffs - Announcements regarding potential tariffs on certain countries (such as Brazil, Canada, the EU, and Mexico) and target products (like pharmaceuticals and copper) are contributing to heightened uncertainty [1] - While these tariff announcements may provide short-term support for the dollar, other policy risks must also be considered, including recent criticisms of Federal Reserve Chairman Powell regarding renovation costs [1]