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Powell's speech at Jackson Hole may affect the dollar's movement.
According to Mars Finance, as reported by Jin10, Australian Federal Bank economist Kapso stated that the speech given by Fed Chairman Powell at the Jackson Hole annual symposium will become the next catalyst for the US dollar's trend. However, Kapso pointed out that Powell is unlikely to issue a clear signal in either direction and may wait for more data. If Powell indicates a willingness to cut interest rates, the market is expected to price in the September rate cut more fully, with the current probability of a rate cut at around 70%.