[MARKET ANALYSIS] FX markets are rangebound with the dollar pausing following post-PCE gains

DXY: Flat Pauses after recently gaining on the firmer-than-expected headline PCE data and with little fresh macro catalysts overnight for the US, while participants await the start of the Jackson Hole Symposium later and Fed Chair Warsh's keynote address on Friday. EUR/USD: Flat Moved off the prior day's trough, but with upside contained amid a quiet calendar and light newsflow from the bloc. GBP/USD: Flat Lingers near a weekly low beneath the 1.3600 handle following recent underperformance and a lack of pertinent drivers. USD/JPY: Flat Price action is choppy in the absence of any tier-1 releases from Japan and after comments from BoJ Deputy Governor Himino, who reiterated the central bank's hawkish bias, stating that he believes the BoJ should continue to raise the policy interest rate and adjust the degree of monetary accommodation in accordance with developments in economic activity, prices and financial conditions. Antipodeans: AUD/USD +0.1% / NZD/USD +0.2% Mildly positive amid gains in metal prices and rate hike expectations, with NAB now expecting the RBA to resume hiking rates at the September meeting following the recent firmer-than-expected CPI data.