Dollar Edges Up Ahead of Jackson Hole, Turkey Rates in Focus

Dollar Edges Up Ahead of Jackson Hole, Turkey Rates in Focus
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul on Feb. 7, 2011. Lee Jae-won/Reuters
Reuters
Updated:
0:00

LONDON/SINGAPORE—The dollar edged up on Thursday as investors were cautious after softer-than expected economic data muddied interest rate outlook ahead of the Federal Reserve’s Jackson Hole symposium, while the Turkish lira awaited for a central bank rate decision.

The safe-haven dollar index, which measures the greenback against a basket of six major currencies, rose 0.15 percent to 103.50, bouncing from Wednesday’s drop, but was still set for a monthly rise.