【环球财经】美元在杰克逊霍尔会议前持稳 欧元和英镑小幅波动

Group 1 - The dollar index remains stable above 98, with cautious trading sentiment among major currency pairs as the market awaits the Jackson Hole central bank symposium for clues on monetary policy direction [1] - Following unexpectedly weak employment data earlier this month, traders have increased bets on a Fed rate cut in September, further encouraged by consumer price data showing limited upward pressure from tariffs [1] - The recent higher-than-expected producer price data complicates the policy outlook, with Fed Chair Powell indicating a low willingness to cut rates due to anticipated tariff-driven price pressures this summer [1] Group 2 - The British pound experienced a brief boost from unexpectedly high CPI data, providing hawkish members of the Bank of England with more reasons to maintain stable rates in the coming months, although the pound's upward momentum may be difficult to sustain due to weak labor market conditions [2] - The New Zealand dollar saw significant volatility following a dovish statement from the Reserve Bank of New Zealand, which considered a 50 basis point rate cut before deciding on a 25 basis point reduction, leading to a drop in the New Zealand dollar to its lowest level since April 14 [2] - Market expectations were caught off guard by the strong dovish signal from the New Zealand central bank, prompting a revision of forecasts for further easing, with expectations for the overnight cash rate to reach 2.5% by November [2] Group 3 - The Japanese yen showed slight improvement in buying during the Asian trading session but remained in a narrow trading range against most currencies, with significant options expirations potentially limiting the exchange rate movements [3] - The narrowing trend of the US-Japan interest rate differential may also restrict the yen's upward potential, while rising Japanese government bond yields provide support for the yen [3] - Key manufacturing PMI data from major economies, including the US, Eurozone, and Japan, will be released on Friday, offering updated evidence for assessing global economic health [3]