{
  "id": 3676851,
  "title": "United States Dollar holds gains near 99, all eyes on Jackson Hole Symposium",
  "url": "https://urgent.news/2026/08/27/united-states-dollar-holds-gains-near-99-all-eyes-on-jackson-hole",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T05:39:20.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/united-states-dollar-holds-gains-near-99-all-eyes-on-jackson-hole-symposium-202608270539"
  },
  "original_language": "en",
  "account": "The US Dollar held steady near 99.00 on Thursday, supported by a steady Personal Consumption Expenditure (PCE) report for July. The US core PCE inflation was reported to match expectations at 3.3% Year-on-Year (YoY), while the headline PCE Price Index grew by 3.7% YoY, exceeding the 3.6% forecast. However, expectations for interest rate changes in September's Federal Reserve meeting have remained relatively unchanged, with a 64% probability according to the CME FedWatch tool. The focus is shifting to the Jackson Hole Symposium, where Federal Reserve Chair Kevin Warsh is scheduled to speak on Friday. Warsh faces the challenge of balancing the Fed's independence and its price stability mandate while providing clearer guidance on the Fed's reaction function without sacrificing transparency. The US Dollar, which is the world's most heavily traded currency, is influenced primarily by monetary policy set by the Federal Reserve, which aims to achieve price stability and full employment. Inflation data and upcoming Fed events will continue to shape the Dollar's value. Bitcoin (BTC) maintained gains above $78,000 during the trading session, while the South Korean Won strengthened against the US Dollar following the Bank of Korea's consecutive interest rate hikes.",
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Economists want Warsh to share more on his view of the economy at Jackson Hole, says CNBC survey",
        "url": "https://urgent.news/2026/08/26/economists-want-warsh-to-share-more-on-his-view-of-the-economy-at",
        "published": "2026-08-26T17:02:24.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Forex Today: US Dollar firms ahead of Jackson Hole",
        "url": "https://urgent.news/2026/08/26/forex-today-us-dollar-firms-ahead-of-jackson-hole",
        "published": "2026-08-26T18:42:14.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Anxious investors hope for clarity on Warsh’s Fed plan at Jackson Hole",
        "url": "https://urgent.news/2026/08/26/anxious-investors-hope-for-clarity-on-warshs-fed-plan-at-jackson-hole",
        "published": "2026-08-26T21:42:46.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Dollar steady before Jackson Hole, yen little changed after BOJ's Himino speech",
        "url": "https://urgent.news/2026/08/27/dollar-steady-before-jackson-hole-yen-little-changed-after-bojs-3657765",
        "published": "2026-08-27T00:12:24.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Currency markets steady before Jackson Hole symposium",
        "url": "https://urgent.news/2026/08/27/currency-markets-steady-before-jackson-hole-symposium",
        "published": "2026-08-27T03:17:00.000Z"
      },
      {
        "outlet": "SCMP Business",
        "title": "Dovish or Hawkish? Markets await Warsh’s Jackson Hole debut for rate, policy clues",
        "url": "https://urgent.news/2026/08/27/dovish-or-hawkish-markets-await-warshs-jackson-hole-debut-for-rate",
        "published": "2026-08-27T08:00:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}