BNY’s Geoff Yu highlights that recent U.S. inflation data left the macro narrative intact, but Fed Chair Kevin Warsh’s Jackson Hole speech pushed markets to reprice September hike odds and lifted the Dollar. The focus now shifts to U.S.

Commerzbank’s Thu Lan Nguyen notes that Kevin Warsh’s Jackson Hole speech boosted the US Dollar by signalling openness to tighter monetary policy and a possible September rate hike.

Brown Brothers Harriman’s (BBH) Elias Haddad notes that Kevin Warsh’s hawkish Jackson Hole speech has sharply increased market-implied odds of a September Federal Reserve rate hike, supporting the Dollar and short-term Treasury yields.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some sellers at the start of a new week and erodes a part of Friday's strong gains to a two-week high.

Dow Jones futures fall by 0.15% to near 53,500 during European hours on Monday. Meanwhile, S&P 500 futures decline by 0.12%, to trade near 7,710, while Nasdaq 100 futures gain by 0.05% to trade around 29,500.

DBS Group Research economist Philip Wee notes that the US Dollar (USD) recovered after Fed Chairman Kevin Warsh’s Jackson Hole speech, as futures pricing restored a meaningful probability of a September FOMC rate hike.

The US Dollar (USD) is slightly down in the Asian trading session at the start of the week. The US Dollar Index (DXY), which gauges the Greenback’s value against its peers, corrects 0.1% to near 99.58 after a strong Friday.

TD Cowen’s Washington Strategy team, led by Chris Krueger, notes that a durable rebound in the Dollar hinges on stronger US policy follow-through and renewed upside surprises in US data.

The Federal Reserve chair used the largest speaking slot on the calendar to commit to nothing and the futures market repriced September anyway.

US Dollar Index (DXY) rallies on Friday, gaining 0.36% to trade around 99.50 at the time of writing, as Federal Reserve (Fed) Chair Kevin Warsh’s hawkish remarks at the Jackson Hole Symposium prompt investors to sharply reassess the outlook for US interest rates.

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is mixed near a one‑week high as major FX pairs test key technical levels, including EUR/USD at its 200‑day moving average and USD/JPY near 160.00.

MUFG’s Derek Halpenny and Abdul-Ahad Lockhart argue that Jackson Hole only becomes a significant FX event for the Dollar when the Federal Reserve Chair delivers a clear policy surprise or commits to future action.

ING’s Chris Turner notes a quiet, risk-positive week for global markets, with low volatility and mixed G10 FX, as the Dollar debasement theme fails to extend.

Commerzbank’s Volkmar Baur notes the US Dollar has stabilized after last week’s setback, with Kevin Warsh’s Jackson Hole speech seen as the next key test.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining minor support after registering minor losses in the previous day and trading around 99.20 during the Asian hours on Friday.

The US Dollar Index trades just above 99.00 on Thursday, unchanged on the session across a range of less than a fifth of a point. That sits roughly 2.6% beneath the June peak just under 102.00 and beneath a rolling 50-day Exponential Moving Average (EMA) near 100.00 and a flat 200-day near 99.75.

The US Treasury Secretary Scott Bessent will be making direct asks to finance ministers at the G20 meeting, to cut off economic flows that sustain the Iranian regime and the Islamic Republic Guards Corps, according to Fox Business News (FBN).

The Dow Jones Industrial Average trades near 53,600 on Thursday, ahead 0.29% on the session across a range running from the 53,300 area to just above 53,700.

Brown Brothers Harriman’s (BBH Elias Haddad notes the US Dollar (USD) is consolidating gains, with the US Dollar Index (DXY) testing its 200‑day moving average resistance and United States (US) data showing Personal Consumption Expenditures (PCE) Price Index inflation stuck above the Fed’s 2% target

OCBC Bank strategists Sim Moh Siong and Christopher Wong argue that Treasury buybacks are unlikely to trigger sustained Dollar weakness without clear Federal Reserve support to cap yields.

ING strategist Francesco Pesole sees recent United States (US) Personal Consumption Expenditures (PCE) Price Index data as consistent with disinflation but too gradual to force Federal Reserve (Fed) hikes this year.

Dow Jones futures gain by 0.18% to around 53,620 during European hours on Thursday. Meanwhile, S&P 500 futures rise by 0.41%, to trade near 7,720, and Nasdaq 100 futures advance by 0.89% to trade around 29,550.

UOB Global Economics & Markets Research notes that US PCE inflation for July slightly exceeded expectations, helping US Treasury yields to rise and supporting the US Dollar against most G10 currencies.

The US Dollar (USD) clings to previous day’s gains on Thursday, driven by a sticky United States (US) Personal Consumption Expenditure (PCE) Price Index report for July.

The Dollar Index trades just above 99.00 and roughly a quarter of a percent higher, having printed its high just short of 99.25 after 14:00 GMT and not retested it since.

The Dow Jones Industrial Average trades a shade beneath 53,500 and roughly 100 points lower on the session, after a 12:30 GMT data drop the wires filed as uneventful.

ABN AMRO’s Georgette Boele notes that sentiment towards the Dollar is weakening as fiscal concerns and rising risk premia outweigh the support from higher US Treasury yields.

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is firm, consolidating just above recent lows following the US Treasury buyback announcement.

DBS Group Research economist Philip Wee notes that the DXY Index’s recent recovery stalled slightly above 99 and has reverted to a 98.5–99.0 range after last week’s sell-off linked to higher US long bond yields.

Commerzbank’s Volkmar Baur explains how the US Treasury Secretary’s vague secondary sanctions comments and falling US yields have left the Dollar stabilizing but vulnerable.