Powell's Jackson Hole speech may become a catalyst for the dollar's trend, with interest rate cut expectations influencing the market.

On August 22, Australian Federal Bank economist Capso stated that Fed Chairman Powell's speech at the Jackson Hole annual seminar will be the next catalyst for the USD trend. However, do not expect Powell to issue a clear signal in any direction.

Kapso stated that he might hold onto his options and wait for more data. However, if Powell indicates a willingness to cut interest rates, the market is expected to price in the September rate cut more fully, and the dollar will decline moderately.

He said that the probability of an interest rate cut in September is currently around 70%, which sets a high bar for Powell to deviate from market expectations.

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LightningPacketLossvip
· 6h ago
I don't understand anything, just remember that interest rate cuts are good.
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OfflineNewbievip
· 17h ago
It's the old trick of interest rate cuts again.
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AirdropFreedomvip
· 17h ago
It’s going to rise again. Don’t think you can buy at a low point.
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BlockchainDecodervip
· 18h ago
From a data perspective, a 70% probability of interest rate cuts is not significant enough; it is recommended to analyze trends in conjunction with historical data.
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LucidSleepwalkervip
· 18h ago
play people for suckers play people for suckers play people for suckers do we really need to play people for suckers?
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