Dollar Flat as Markets Await Jackson Hole
The dollar traded near flat following recent economic data as investors shifted their attention to a speech by Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium. Markets await potential policy clues amid shifting Treasury yields.
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The dollar held flat on Thursday afternoon following economic data releases as global investors turned their attention toward an upcoming address by Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium. The greenback edged up 0.05% to 99.18 against a basket of currencies, recovering 0.35% over the week. Markets are weighing the policy implications of higher Treasury yields ahead of the central bank gathering.
