{"id":663301,"date":"2025-07-21T13:20:29","date_gmt":"2025-07-21T11:20:29","guid":{"rendered":"https:\/\/ftmo.com\/?p=663301"},"modified":"2025-07-21T13:49:19","modified_gmt":"2025-07-21T11:49:19","slug":"trading-week-ahead-powells-speech-flash-pmis-durable-goods","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/trading-week-ahead-powells-speech-flash-pmis-durable-goods\/","title":{"rendered":"Trading Week Ahead: Powell\u2019s Speech, Flash PMIs & Durable Goods"},"content":{"rendered":"
The week ahead could be a game-changer for USD traders, with three high-impact events poised to influence market direction. Fed Chair Jerome Powell\u2019s speech<\/strong> may set the tone for future policy direction, while Flash PMIs<\/strong> offer a real-time read on business activity. Meanwhile, Durable Goods Orders<\/strong> may expose either underlying weakness or surprising strength in the US manufacturing sector.<\/p>\n Let\u2019s break down what\u2019s on the radar and how each release may affect the dollar, Treasury yields, and broader risk sentiment.<\/p>\n \u2022 Fed Chair Powell Speaks \u2022 US Flash Manufacturing & Services PMI \u2022 Durable Goods Orders
\n<\/strong>Markets will be laser-focused on Powell\u2019s remarks for clues on forward guidance. A dovish tone may reignite risk appetite and pressure the dollar, while a more hawkish stance could lift yields and push the USD higher.<\/p>\n
\n<\/strong>Scheduled for Thursday, the Manufacturing PMI is expected to ease slightly to 52.7 from 52.9, while the Services PMI may tick up to 53.0 from 52.9. Although both remain in expansion territory, any surprises could shift market expectations for Fed policy, sparking volatility across USD pairs and equities.<\/p>\n
\n<\/strong>Friday\u2019s report might deliver the biggest shock. Economists project a -10.3% pullback following June\u2019s unexpected 16.4% surge. A steep drop may signal weakening business investment momentum, strengthening the case for a more dovish monetary stance and weighing on the dollar.<\/p>\n