ChainCatcher message, according to Jin10 reports, currency options show that bullish sentiment for the US dollar has risen to its highest level in three weeks, as traders bet that Powell will not take an overly dovish stance on interest rate cuts. Sonja Marten, head of FX and monetary policy research at Deutsche Bank, stated that the possibility of a 25 basis point rate cut in September would be preserved, but Powell would not be more aggressive than that. Nick Rees, head of macro research at Monex Europe, pointed out that if the market overfocuses on Powell's comments hinting at rate cuts, it may trigger an initial sell-off of the US dollar, but this situation may be short-lived.