Meanwhile, Bank of Japan Governor Haruhiko Kuroda also commented on hits readiness to ease monetary policy even further at Jackson Hole, Bloomberg reports.

Looking ahead, traders will be watching for the September 2 Labor Department report on employment, which will require a strong showing to maintain hawkish Fed speculation and to keep the dollar’s rally on track.

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“The dollar is likely to stay on a firm footing into the Friday payrolls report, but we’ll need to see a solid set of numbers for gains to be sustained beyond that,” Ned Rumpeltin, the European head of currency strategy at TD, told Bloomberg.

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