Traders have displayed a cautious trading style during this week's trading activity. Aakarshan, the front-runner, has had just 20 deals this week, while Fisherman, the number two, has had just 10. This conservative trading strategy is associated with the approach of the end of August, as market participants widely expect the Fed to cut interest rates in September.

In particular, fed chairman Powell's speech at the annual meeting in Hall, John Hughlings Jackson, sent a clear signal that a 50bp rate cut in September was highly likely. This expectation has had a significant impact on sentiment and is the main reason why traders are choosing to trade less frequently in the current period. In this context, traders reduced their operations to avoid taking unnecessary risks in potential market volatility, demonstrating their sensitivity to market dynamics and an emphasis on risk management.