I'll post the Asia session wrap a little later, but Reuters are on it already:
In brief:
- The dollar inched higher on Thursday, paring some of the losses it suffered after U.S. President Donald Trump suggested a shutdown of the government was possible and threatened to terminate the North American Free Trade Agreement
- U.S. Congress will have about 12 working days when it returns on Sept. 5 from its summer break to approve spending measures to keep the government from shutting down
- The dollar's upside potential seems limited for now, said Shinichiro Kadota, senior FX strategist for Barclays in Tokyo ... Jackson Hole ... to start later on Thursday, the dollar will probably lack any clear directional bias in the short-term
- Yellen may try to prepare markets for the possibility of another Fed rate hike later this year, said Tan Teck Leng, forex analyst at UBS Wealth Management in Singapore."If anything I would suppose Yellen would want to recalibrate market expectations at least to a 50 percent chance,"
Here is the link for more, but that's the gist, and apretty good wrap I reckon! :-D
