CoinVoice has recently learned that, according to Jinshi reports, Commonwealth Bank of Australia economist Capso stated that Federal Reserve Chairman Powell's speech at the Jackson Hole annual seminar will become the next catalyst for the USD's movement. However, Capso pointed out that Powell is unlikely to send clear signals 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 September's rate cut more fully, with the current probability of a rate cut being around 70%. [Original link]