Core Viewpoint - The US dollar has experienced a decline against a basket of currencies for three consecutive weeks, driven by rising expectations that the Federal Reserve will lower key interest rates in September [1] Group 1: Currency Market Trends - The index measuring the US dollar against six major currencies fell by 0.10%, closing at 97.73 points [1] - The euro appreciated by 0.15% against the dollar, reaching 1 euro to 1.1715 dollars [1] - The dollar depreciated by 0.15% against the yen, with the exchange rate at 1 dollar to 146.95 yen [1] Group 2: Federal Reserve Insights - Investors are closely monitoring Federal Reserve Chairman Jerome Powell's speech at the Wyoming conference, focusing on potential signals regarding interest rate cuts [1] - Current data indicates a weakening US labor market, which supports the case for rate cuts, while persistent inflation limits the Fed's policy options [1] - Powell noted that economic risks are becoming balanced, suggesting that the timing for monetary policy adjustments is approaching, which the market interprets as a signal for a 25 basis point rate cut at the September 17 meeting [1]
美元第三周下跌,美联储是否降息成市场关注焦点
Shang Wu Bu Wang Zhan·2025-08-27 15:39