Dollar range bound as investors await Yellen s Jackson Hole speech

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Four of Iran's Islamic Revolutionary Guard Corps (IRGC) vessels "harassed" a U. warship on Tuesday near the Strait of Hormuz, a U. defense official said, amid Washington's concerns about Iran's posture in the Gulf and in the Syrian civil war.

But I will say this, if I was an American citizen I wouldn�t vote for Hillary Clinton if you paid me," Farage said. "I cannot possibly tell you how you should vote in this election. But you know I get it, I get it.

Trump has sought to align himself with the Brexit movement, noting he had said before the June 23 referendum that Britons should vote to leave. He visited one of his golf courses in Scotland the day after the vote and boasted that he had predicted the outcome and called it a sign his own campaign would be successful.

Trump's new position seemed to resemble in some respects the failed 2007 reform push by former Republican President George W. That effort offered a way to bring millions "out of the shadows" without amnesty and would have required illegal immigrants to pay a fine and take other steps to gain legal status.

interest rates will rise sooner rather than later, and some believe Yellen will echo their signals. Recent hawkish statements by Fed officials including Vice Chairman Stanley Fischer and New York Fed President William Dudley have prompted some investors to raise bets that U.

Farage appeared with Trump before a cheering crowd of thousands at a rally in Jackson, Mississippi. Farage partly based his Brexit drive on opposition to mass immigration to Britain that he said was leading to rapid change in his country.

Trump, who defeated 16 rivals for the Republican presidential nomination in part based on his opposition to illegal immigrants, said he would not permit American citizenship for the undocumented population and would expel lawbreakers.

The dollar was steady on Thursday as investors stayed on the sidelines before the annual global central bankers' gathering in Jackson Hole, Wyoming, where Federal Reserve Chair Janet Yellen may offer new pointers on U.

Nigel Farage, a key figure in the successful campaign to get Britain out of the European Union, lent his support to Republican presidential nominee Donald Trump on Wednesday, saying Trump represented the same type of anti-establishment movement that he masterminded in his own country.

USS Nitze had to change course in order to distance itself from the Iranian vessels, the official said, adding that the incident could have led to a diplomatic protest, but the United States does not have diplomatic relations with Iran.

The United States and other countries are concerned about Iran's support for Syrian President Bashar al-Assad, its ballistic missile program, and its backing for Shiite militias that have abused civilians in Iraq.

It also fired 10 flares in the direction of two of the Iranian vessels. defense official said that in Tuesday's incident the USS Nitze tried to communicate with the Iranian vessels 12 times, but received no response.

laws while living in the country. His appearance came as Trump sought to moderate his own hardline stance against illegal immigration. In remarks broadcast on Wednesday, Trump backed further away from his vow to deport millions of illegal immigrants, saying he would be willing to work with those who have abided by U.

They signaled a further softening in his immigration position as he tries to bolster support among moderate voters and minority groups. Trump's comments on immigration came in the second part of an interview conducted on Tuesday with Fox News anchor Sean Hannity.

military activity near Iran's borders and appears to be sticking to a familiar posture in the Gulf that predates last year's nuclear accord between Iran and six world powers, including the United States. IRGC, the Islamic Republic's praetorian guard, is suspicious of U.

It remains to be seen whether these actions were carried out by rogue Revolutionary Guard commanders or sanctioned by senior officials in Tehran, said Karim Sadjadpour, an Iran expert at the Carnegie Endowment for International Peace.

Japan's government kept its assessment of the economy unchanged in August but offered a slightly more downbeat view on consumer inflation than last month, as prices slid on weak household spending and the strong yen pushed down import costs.

"Dudley's hawkish comments have come as a surprise and if Yellen says the U. data has been good enough to continue tightening policy, then we could see dollar/yen rally toward the 102 yen mark," said Richard Falkenhall, currency strategist at SEB.

Also weighing on the yen were growing expectations that the Bank of Japan will take additional stimulus steps at its next meeting in September, when it will review its policies against a backdrop of growing doubts that the BOJ's target of 2 percent inflation target is within reach.

The euro was flat at $1. 1270 EUR= with the focus on the German IFO survey due at 0800 GMT. Given the flow of upbeat business sentiment data in Europe in recent days, the message is again expected to be that confidence is holding up well following June's Brexit shock.

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