Group 1 - The US dollar is strengthening, with expectations for a strong weekly performance ahead of Federal Reserve Chairman Jerome Powell's speech, which may influence recent monetary policy direction [1] - Following a surprisingly weak July employment report and significant downward revisions to May and June hiring data, market participants have reassessed their expectations for interest rate cuts, with a 75% probability now estimated for a 25 basis point cut in September, down from 92% a week prior [1] - Federal Reserve officials have expressed a cautious stance regarding the likelihood of a rate cut next month, which sets the stage for Powell's upcoming remarks at the Jackson Hole conference [1] Group 2 - The euro has reached its lowest level since August 6, trading at 1.1583 USD, down 0.8% for the week, although it remains up 12% year-to-date [2] - The US dollar index, which measures the dollar against six currencies, is reported at 98.75, up 0.9% for the week, ending a two-week decline [2] - The Japanese yen has fallen to 148.63 against the dollar, with expectations for a potential interest rate hike by the Bank of Japan in October due to core inflation remaining above the 2% target [2]
美元盘中走强 交易员在鲍威尔讲话前重新考虑降息押注
Sou Hu Cai Jing·2025-08-22 06:59