News Snapshot:
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Summary China cuts 1yr LPR by 10 bps vs 15 bp expectation Dollar/yuan up beyond 7.3; Aussie and kiwi vulnerable Yen on intervention watch, steady at 145.45 SINGAPORE, Aug 21 (Reuters) - The dollar began on a firm footing on Monday, following five straight weeks of gains, as investors looked ahead to the Federal Reserve's Jackson Hole symposium for a guide on where rates might settle when the dust of this hiking cycle clears. The dollar made a gain of 0.7% on...
