{"id":118262,"date":"2025-08-30T00:55:14","date_gmt":"2025-08-29T20:55:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118262"},"modified":"2025-08-30T00:58:29","modified_gmt":"2025-08-29T20:58:29","slug":"will-the-us-dollars-rebound-hold-ahead-of-next-feds-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/will-the-us-dollars-rebound-hold-ahead-of-next-feds-decision\/08\/30\/market-updates\/","title":{"rendered":"Will the US Dollar\u2019s Rebound Hold Ahead of Next Fed\u2019s Decision?"},"content":{"rendered":"The US Dollar (USD) has rebounded, ending a three-week decline, with the US Dollar Index (DXY) recovering from yearly lows near 98.00. As markets await the Federal Reserve\u2019s September 17 meeting, a packed economic calendar could shape the USD\u2019s path. With US markets closed for Labor Day on September 1, key data releases begin September 2 with ISM Manufacturing, S&#038;P Global Manufacturing PMI, Construction Spending, and RCM\/TIPP Economic Optimism Index. On September 3, expect JOLTs Job Openings, Factory Orders, Fed Beige Book, and API crude oil inventory. September 4 brings Initial Jobless Claims, ADP Employment Change, ISM Services PMI, and EIA crude oil stockpiles. The week peaks on September 5 with Nonfarm Payrolls and Unemployment Rate, critical for Fed rate cut expectations.<br \/><br \/>Euro Under Pressure but Recovers<br \/><br \/>EUR\/USD faced selling pressure but rebounded from below 1.1600. The eurozone\u2019s data starts September 1 with Germany and eurozone HCOB Manufacturing PMI and Unemployment Rate, followed by the flash Inflation Rate on September 2. On September 3, HCOB Services PMI and Producer Prices are released, with Construction PMI and Retail Sales on September 4. The week ends on September 5 with Germany\u2019s Factory Orders, revised Q2 GDP, and Employment Change.<br \/><br \/>Pound Faces Continued Weakness<br \/><br \/>GBP\/USD logged a second week of losses, stalling near 1.3550. The UK\u2019s calendar opens September 1 with Nationwide Housing Prices, Mortgage Approvals, S&#038;P Global Manufacturing PMI, and BoE data. Services PMI follows on September 3, Construction PMI and BoE\u2019s Decision Maker Panel on September 4, and Retail Sales and Halifax House Price Index on September 5.<br \/><br \/>Yen Stays Volatile<br \/><br \/>USD\/JPY hovered near 147.00 with modest gains. Japan\u2019s data includes Capital Spending and Manufacturing PMI on September 1, Services PMI on September 3, Foreign Bond Investment on September 4, and Household Spending, Average Cash Earnings, and economic indexes on September 5.<br \/><br \/>Aussie Dollar Gains Momentum<br \/><br \/>AUD\/USD broke above 0.6500, showing bullish strength. Australia\u2019s week starts September 1 with Manufacturing PMI, Building Permits, Private House Approvals, Business Inventories, and Commodity Prices. Q2 Current Account is due September 2, followed by Industry Index, Services PMI, and Q2 GDP on September 3. Balance of Trade and Household Spending wrap up on September 5.<br \/><br \/>Central Bank Speeches and Meetings<br \/><br \/>Key central bank speeches include ECB\u2019s Schnabel, Cipollone, and Lagarde on September 1; BoJ\u2019s Himino and ECB\u2019s Elderson and Machado on September 2; Fed\u2019s Kashkari, ECB\u2019s Lagarde, and BoE\u2019s Mann and Breeden on September 3; Fed\u2019s Williams and ECB\u2019s Cipollone on September 4; and Fed\u2019s Goolsbee on September 5. The National Bank of Poland (NBP) meets September 3 (5.00% actual vs. 4.75% expected), and Bank Negara Malaysia (BNM) on September 4 (2.75% actual vs. 2.75% expected). With this data deluge, markets are focused on whether the USD\u2019s recovery will hold or face global pressures.","protected":false},"excerpt":{"rendered":"<p>The US Dollar (USD) has rebounded, ending a three-week decline, with the US Dollar Index (DXY) recovering from yearly lows near 98.00. As markets await the Federal Reserve\u2019s September 17 meeting, a packed economic calendar could shape the USD\u2019s path. With US markets closed for Labor Day on September 1, key data releases begin September &hellip;<\/p>\n","protected":false},"author":13,"featured_media":106217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,36],"tags":[],"class_list":["post-118262","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118262"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118262\/revisions"}],"predecessor-version":[{"id":118264,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118262\/revisions\/118264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/106217"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}