FOREX-Dollar Dips as Traders Eye Jackson Hole, Yen Firms after Ueda Comments

FOREX - SINGAPORE. The dollar was softer on Friday as traders geared up for Federal Reserve Chair Jerome Powell's speech at Jackson Hole, while the yen led gains among major currencies after Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed his hawkish stance.

Central bankers will be key in setting the tone for financial markets over the coming days as a gathering of the world's most influential monetary policymakers gets under way in Jackson Hole, Wyoming.