MIAMI (PulseWire News) — Hurricane Priscilla has weakened as it continues its journey along the Pacific coast of Mexico. On Wednesday, the storm was confirmed to be a Category 1 hurricane with sustained winds of approximately 80 mph. This downgrade came after Priscilla's near major hurricane status on Tuesday.

Despite losing some intensity, the threat of heavy rainfall and flash flooding remains prevalent, particularly in southwestern regions of the United States later this week. The storm is currently moving northwest at a speed of 8 mph, positioned about 195 miles southwest of the southern tip of Baja California, according to the U.S. National Hurricane Center.

In contrast, Tropical Storm Jerry has developed in the Atlantic and is expected to strengthen into a hurricane as it heads toward the Leeward Islands. Currently, it has maximum winds of 50 mph, and it is moving west-northwest at 23 mph, approximately 835 miles east-southeast of the northern Leeward Islands.

Forecasts predict Jerry's core will be situated near or north of the northern Leeward Islands around late Thursday or Friday, prompting warnings of potential flash flooding and severe conditions in affected areas. A tropical storm watch has been issued for several islands including Antigua, Barbuda, and Anguilla.

As Priscilla weakens, it poses a different set of risks, including the potential for large waves impacting various coastal regions in Mexico. A tropical storm watch is currently in effect for parts of Baja California Sur.

Forecasters are also monitoring Tropical Storm Octave, which is positioned about 720 miles southwest of Baja California, presenting no immediate threat to land but expected to dissipate soon.