【Analyst: Powell's Caution May Provide Short-Term Support for the Dollar】Golden Finance reports that Jane Foley, a foreign exchange strategist at Rabobank, stated in a report that if Federal Reserve Chairman Powell remains cautious about interest rate cuts in his upcoming speech, speculators may close out their previously held short positions on the dollar in the short term. Both the market and Rabobank expect the Federal Reserve to cut rates in September, reflecting a weakening labor market. However, Foley pointed out that Powell may still maintain a cautious stance on policy easing when he speaks at the Jackson Hole central bank annual meeting this Friday. This position may provide short-term support for the dollar. Nevertheless, Rabobank still expects the EUR/USD to rise to 1.20 by next spring, as the market anticipates further rate cuts in the future.