The dollar edged higher on Thursday after another politically-driven slide against the euro and yen the previous session, as investors shifted focus away from government tension in Washington to an upcoming global central bankers' gathering.
But the dollar's respite was expected to be temporary as investors awaited key speeches from Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi at the Jackson Hole Economic Policy Summit in Wyoming. Still, no new policy messages are expected from either official.
"I am not expecting anything outside of what has been communicated," said Minh Trang, senior FX trader, at Silicon Valley Bank in Santa Clara, California.
"But the main conversation has been and would still be on the inflationary pressures or the lack thereof in the U.S. economy. This would be an ongoing dialog," he added.