[Analyst: If Powell adopts a hawkish stance and the dollar rises above 100, it will pressure global risk trades] Odaily Planet Daily News – Market analyst Jared Blikre stated that the March Global Fund Manager Survey released by Bank of America on Tuesday shows that large institutional investors' allocation to emerging market equities has reached its highest level since February 2021, while their allocation to commodities has reached its highest level since April 2022. Meanwhile, their allocation to the U.S. dollar is below the average level. This positions the U.S. dollar as the focal point of this Federal Reserve decision. Powell does not need to adjust interest rates to influence market trends. If Powell's remarks appear hawkish and the dollar index rebounds above 100, it could pressure trades where investors have heavily allocated overseas. Conversely, if Powell's tone is more dovish, this pressure would ease, providing greater growth opportunities for emerging market equities and commodities. The key level to watch for the dollar index is 100. Once this level is breached, the pressure will intensify. If it is rejected again, global risk trades will continue. (Jin10)