Dollar climbs after Warsh comments, poised for weekly gain

Fed Chair Warsh at Jackson Hole signaled the Fed may need to raise rates if inflation doesn't cool, the clearest hint yet of possible hikes.
Markets reacted: odds of a September rate hike jumped to about 50% from roughly 35% before his remarks.
The dollar strengthened (DXY up ~0.46% to 99.57), with the euro and sterling slipping and the dollar near ¥159.9.