Dollar flat near one-week high as investors await Warsh's Jackson Hole debut

The U.S. dollar remained steady near a one-week peak as markets paused ahead of Federal Reserve Chair Kevin Warsh's debut speech at the Jackson Hole Economic Policy Symposium. Investors are closely monitoring Warsh's speech for insights into future U.S. monetary policy and inflation control. Traders are currently pricing in a 35% chance of a rate hike in September, rising to 75% by December. The Treasury's plans to increase buybacks of longer-dated bonds have also fueled concerns about the dollar's value.