![A Week in the Market: US Dollar’s Strength Remains Dominant (4-8 September)](https://blog.roboforex.com/wp-content/uploads/2023/09/04.09.2023-360x360.png)
The strong US dollar continues to exert pressure on major currencies, but this week could see the releases of data that could mitigate this impact.
USD: strong position
![USD: strong position](https://blog.roboforex.com/wp-content/uploads/2020/10/usd.jpg)
The US is to release reports on industrial orders, trade balance for July, and the services PMI from Markit for August. The USD is still in a strong position due to market doubts about the interest rate outlook.
EUR: under pressure
![EUR: under pressure](https://blog.roboforex.com/wp-content/uploads/2020/07/euro-1200x627.jpg)
The Eurozone is set to release information on retail sales for July and revised GDP for Q2 2023. The EUR currently responds little to reports, as the focus is on future interest rates. The ECB is unlikely to increase the borrowing cost rapidly, which is a factor of pressure on the EUR.
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China: risk support
![China: risk support](https://blog.roboforex.com/wp-content/uploads/2020/04/china-1200x627.jpg)
China will publish data on its exports and imports for August, with expectations for some improvement compared to July. The more robust the statistics are, the better it is for risk-related assets.
JPY: potential support
![JPY: potential support](https://blog.roboforex.com/wp-content/uploads/2020/03/jpy-1200x627.jpg)
The yen continues to depreciate, but the importance of the upcoming statistics should not be underestimated. Japan will present data on household spending and the services PMI. Strong data can provide support for JPY positions.
AUD: chance for stabilisation
![AUD: chance for stabilisation](https://blog.roboforex.com/wp-content/uploads/2021/02/aud.jpg)
Australia will publish data on GDP for Q2 2023, the consumer spending index, and the AIG Construction Index. Although the AUD is still under pressure, it has a chance for stabilisation in case of positive releases.
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