The market was on a cautious note as investors watched the US dollar change direction in different sessions on Tuesday.
After the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy earlier in the week, all eyes are on the Jackson Hole symposium at the end of the week.
Investors are awaiting new clues on the US central bank's interest rate policy after important data on inflation and employment were already observed in the previous week.
Federal Reserve (Fed) Chairman Jerome Powell's speech on Friday will be the main focus for investors to see if the tone conveyed further strengthens expectations for a rate cut at the September meeting.
But before that, the FOMC meeting minutes will be watched first, which will be published early Thursday morning.
Awaiting Powell's latest speech, investors will first examine the details of the minutes for the last meeting when interest rates were still maintained at the same level.
The US dollar moved weakly towards the opening trade in the European session yesterday, but showed a recovery in value in the New York session.
However, overall, price movements are still slow and do not show a clear direction.
In the Asian session today, the New Zealand central bank policy meeting will be in focus with expectations that interest rates will be cut by 25 basis points to 3.00%.
Meanwhile in the European session, UK inflation data will be published and is expected to drive the movement of the Pound currency.
