Odaily星球日报讯 欧元涨至一年来最高水平，在杰克逊霍尔年会召开前，交易员对欧元的看涨程度达到 2020 年末以来之最。欧元周三一度上涨至 1.1143，为 2023 年 7 月以来的最高水平。市场预期美联储主席鲍威尔周五将支持他们对降息的押注，预计未来几个月美联储降息速度会超过欧洲央行。

交易员押注美联储降息步伐超过欧洲央行

Odaily Odaily reported that the euro rose to its highest level in a year, and traders were more bullish on the euro than at the end of 2020 before the Jackson Hole Annual Meeting. The euro rose to 1.1143 on Wednesday, the highest level since July 2023. The market expects Federal Reserve Chairman Powell to support their bets on interest rate cuts on Friday, and it is expected that the Fed will cut interest rates faster than the European Central Bank in the coming months.

Traders bet Fed will cut rates faster than ECB

Market sentiment is "sensitive and fragile".

Written by: Mary Liu, BitpushNews
On Monday, US stocks rose, while the cryptocurrency market failed to gain momentum, as traders await the release of the Federal Reserve's meeting minutes and Powell's speech at the annual Jackson Hole summit on Friday, where Powell is expected to provide clues about the pace of rate cuts.

BitPush data shows that BTC briefly touched a low of $57,818 in early trading on Monday, before rebounding to above $59,000, with the bulls still struggling to overcome the $60,000 resistance level, as of the time of writing...

Fed minutes and Powell's speech came one after another, BTC lingered

Odaily reports that Kai Investment Macro believes the US dollar may further decline in the coming years, as the valuation of the US dollar is still relatively high and faces adverse interest rate differentials and reduced demand for safe-haven assets. Economist Shivaan Tandon said in the report that the Federal Reserve's rate cuts may exceed those of other countries, meaning that the interest rate differential may continue to be unfavorable for the United States. "We also expect risk appetite to remain strong, which means the US dollar will continue to be under pressure." Although there are concerns about an economic recession, the US economy appears to be heading for a soft landing. Kai Investment Macro forecasts that the DXY US dollar index will fall to 98 by the end of 2025.

Economist Shivaan Tandon: The Fed may cut interest rates more than other countries

Odaily Planet Daily Report: Currently, the US stock market is showing a stable and optimistic trend, and the market is full of expectations for Fed Chair Powell's speech at the upcoming Jackson Hole economic symposium on Friday. Goldman Sachs has outlined several key issues in its report that it hopes Powell will address at the symposium. The most important of these is to demonstrate confidence in the inflation outlook in his speech, and it is expected that Powell will provide more dovish information than in the press conference after the July FOMC meeting, and that the Fed's policy rate will soon decline.