August nonfarm payrolls rose 162,000, far exceeding forecasts of roughly 56,000, giving the dollar a fresh boost ahead of the Fed’s September decision.
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Fed Chair Warsh’s hawkish Jackson Hole speech pushed September rate-hike odds above 50/50, lifting yields and the dollar while gold fell.
The US Treasury unveiled sweeping new sanctions targeting over 60 individuals and entities to isolate Iran’s economy, boosting the dollar on safe-haven demand.
Bank of Japan officials, led by Deputy Governor Himino, begin a week of public appearances testing the market’s bet on a September rate hike.
Fed Chair Kevin Warsh delivers his first Jackson Hole keynote Friday, just weeks before a September FOMC decision markets see as a coin flip.