Coin World News reports that ahead of Federal Reserve Chairman Powell's upcoming speech at the Jackson Hole conference, investors are digesting stronger-than-expected U.S. economic data, leading to a stronger dollar. The U.S. PMI released on Thursday exceeded expectations, boosting the dollar. Analysts at Deutsche Bank noted that this data has led investors to lower their expectations for an interest rate cut by the Federal Reserve, causing a sense of 'nervousness' among investors before Powell's speech. Analysts pointed out that investors will closely watch whether Powell places more emphasis on the weak employment data.