Analyst: Powell to Uphold Cautious Stance, Potentially Supporting US Dollar in the Short Term

By: theblockbeats.news|2025/08/20 13:42:05
0
Share
copy

BlockBeats News, August 20th. Jane Foley, Rabobank's foreign exchange strategist, stated in a report that if Federal Reserve Chairman Powell remains cautious about a rate cut in his upcoming speech, speculators may unwind their previous short positions on the US dollar in the short term. Both the market and Rabobank expect the Fed to cut rates in September, reflecting a weakening labor market. However, Foley pointed out that Powell may still be cautious about easing policy in his speech at the Jackson Hole central bank symposium this Friday. This stance could provide support for the dollar in the short term. Nevertheless, Rabobank still expects the Euro to US Dollar (EUR/USD) to rise to 1.20 in the spring of next year as the market anticipates further rate cuts. (FXStreet)

-- Price

--

You may also like

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down

OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com