Euro: Lower against US Dollar after PCE surprise – Danske Bank

Published Aug 27, 2026 2:48 AM Last refreshed Aug 27, 2026 4:00 AM Source: EODHD Event Time: Aug 27, 2026 2:48 AM

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Euro: Lower against US Dollar after PCE surprise – Danske Bank

Source: EODHD - https://www.fxstreet.com/news/euro-lower-against-us-dollar-after-pce-surprise-danske-bank-202608270648
Published: Aug 27, 2026 2:48 AM

Danske Research Team notes that the United States (US) Personal Consumption Expenditures (PCE) Price Index inflation surprise triggered a hawkish market reaction, pushing US rates higher and weighing on EUR/USD. The pair dropped to 1.1650 as the US Dollar (USD) found support from stronger data.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.

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