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Dollar Hits One-Month PeakThe dollar index broke above the 107 mark, a level not seen in a month, as investors reassessed the outlook for monetary policy following hawkish remarks from several Fed policymakers. Louis Fed President James Bullard echoed the Fed's intention to tighter monetary policy, leaning towards favoring another 75 bps hike in September. San Francisco Federal Reserve President Mary Daly highlighted the need to push interest rates to the restrictive territory to bring inflation down to its 2% target. Market moves came after minutes from the last Federal Reserve meeting signaled that a dovish pivot is unlikely until such an aggressive tightening would drag on growth.