[MUFG: If the Fed Maintains Rates with a 'Hawkish Hold,' the Dollar is Expected to Gain Support] Jin10 News, July 29 – Lloyd Chan, Senior FX Strategist at MUFG Bank, stated in a research report that if the Federal Reserve's FOMC maintains interest rates with a 'hawkish hold,' the dollar is expected to gain support. Our baseline scenario assumes a hawkish hold on rates. In this context, the Fed may keep rates unchanged while emphasizing that inflation risks remain elevated. This could support U.S. Treasury yields and the dollar, which in turn may broadly weigh on Asian currencies. If the Fed continues to stress its policy stance of maintaining high rates for an extended period, the balance of risks will remain tilted toward the dollar maintaining its resilience.