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* The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted a hawkish tone to battling inflation, but did not settle the debate on how large a rate increase is likely at the U.S. central bank’s September meeting.

* The euro rose back above $1 in morning trade in New York on Friday, after Reuters reported that the European Central Bank may discuss raising its key rates by as much as 75 basis points at their next meeting in September.

* Most Asian currencies rose slightly on Thursday, benefiting from weakness in the dollar as traders awaited more cues on monetary policy from Federal Reserve Chair Jerome Powell this week.

*  The U.S. dollar pushed higher in early European trade Friday ahead of Federal Reserve Chair Jerome Powell's eagerly-awaited speech at the central bank’s Jackson Hole gathering, which could provide more clues on future policy tightening 

* The Chinese yuan and Taiwan dollar edged lower on Friday, with broader Asian currencies also retreating as the dollar strengthened ahead of more cues on U.S. monetary policy from the Jackson Hole Symposium.

Data inference

* Federal Reserve Governor Lael Brainard.

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