At the time of writing, the pair trades around 1.1515 after reaching an intraday high of 1.1558, its highest level since June 17. However, Iranian Foreign Ministry spokesperson Esmaeil Baghaei said Tehran is not currently holding talks with Washington. DBS notes that “Fed Chairman Kevin Warsh has unsettled investors who had amassed long USD positions betting on his hawkish credentials.” Attention now turns to upcoming US employment data for fresh clues on the Fed’s policy path. The JOLTS Job Openings report is due on Tuesday, followed by ADP Employment Change on Wednesday and Nonfarm Payrolls (NFP) on Friday.