Dollar Retreats as Markets Await Powell’s Jackson Hole Speech and Key Economic Data
The US dollar weakened ahead of a week packed with key economic reports and Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium. The dollar index edged lower as markets positioned for insights on the Fed’s policy outlook. Investors are weighing potential signals on interest rates amid mixed global data and shifting risk sentiment, with major currency pairs showing varied responses ahead of this critical event.
