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The Economic Times

Business

Dollar flat near one-week high as investors await Warsh's Jackson Hole debut

Jackson Hole US Federal Reserve United States Euro

HONG KONG: The U.S. dollar held flat near a one-week high against major peers on Friday, as investors stood on the sidelines ahead of Federal Reserve Chair Kevin Warsh's speech at the Jackson Hole symposium for clues on his policy outlook.

The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a second straight monthly gain.

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