Currency traders increased hedges for dollar strength in anticipation of Federal Reserve Chairman Kevin Warsh's speech at the Jackson Hole symposium on August 28, 2026. US equity futures showed weakness the same morning as investors took profits in tech stocks ahead of the closely watched address.
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Currency traders are increasing hedges for further gains on the dollar ahead of a key speech from Federal Reserve Chairman Kevin Warsh at the Jackson Hole symposium on Friday.
US equity futures struggled for direction Friday morning ahead of a closely watched speech by Federal Reserve Chairman Kevin Warsh and as investors in tech companies take profits after Nvidia Corp. fueled a rally in the sector a day earlier.