 Sterling pares back some gains in Asian session today, but remains the strongest one for the week. It's lifted by hope that an Irish border solution could finally be reached before October 31 to avoid no deal Brexit. Dollar is generally firmer and it's trading as the second strongest for the week so far. Regional Fed presidents have lined up against another rate cut in September. Yet, Fed Chair Jerome Powell's speech at Jackson Hole today could be defining. Bets on another Fed cut seemed to be receding. According to Fed fund futures, markets are now only pricing in 93.4% chance, comparing to 100% chance a week ago. It's almost like a given that Powell will reiterate that July's cut was a "mid-cycle adjustment" but not the start of a lengthy easing cycle. Yet, it's unsure whether he would do something to tone down the chance of another move next month. Technically, EUR/GBP is a focus today as it's now at the edge of key near term support zone of 0.8891/9051. Rebound from there could at least prompt pull back in Sterling elsewhere. Despite weak downside momentum, EUR/USD is still on track to retest 1.1026 low, as long as 1.1113 minor resistance holds. In Asia, Nikkei rose 0.40%. Hong Kong HSI is up 0.50%. China Shanghai SSE is up 0.49%. Singapore Strait Times is down -0.47%. Japan 10-year JGB yield is up 0.0086 % -0.232. Overnight, DOW rose 0.19%. S&P 500 dropped -0.05%. NASDAQ dropped -0.36%. 10-year yield rose 0.033 to 1.610. | 
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