SINGAPORE Aug 27 (Reuters): Asian currencies struggled on Thursday as investors looked to a key speech by Federal Reserve Chairman Jerome Powell for hints on inflation and monetary policy, while Sino-U.S. tensions kept a lid on gains for stock markets.
Investors have largely priced in a dovish message from Powell when he opens the Kansas City Fed's annual economic policy conference later in the day, the question is whether any adjustments he may make to its policy toolbox will be enough to flatten U.S. market interest rates further.