The U.S. dollar hovered below a one-week high on Thursday and European stock markets opened flat as investors braced for three days of potentially market-moving news from the Federal Reserve's annual symposium in Jackson Hole.

US Treasury yields dropped on Tuesday as investors awaited the Federal Reserve July meeting minutes and its annual Jackson Hole symposium later in the week. The benchmark

By Howard Schneider WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation-fighting rigor when it was needed in 2022, then last year he came to the defense of the job market with promises of lower interest rates when the unemployment rate seemed on a steady rise.