US Dollar Price Forecast: DXY Breaks 99.38 as EUR/USD and GBP/USD Extend Gain

US Dollar Price Forecast: DXY Breaks 99.38 as EUR/USD and GBP/USD Extend Gain

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-dxy-061736696.html
Published: Aug 21, 2026 2:17 AM

US Dollar News: Fiscal Fears Weigh as Euro and Pound Hold Firm The U.S. dollar begins August anticipating more pressure as investors respond negatively to increased speculation about Washington's ability to address increasing long-term Treasury financing costs. At nearly $4 billion each, the Treasury increased the number of buybacks for longer dated debt, although this had no effect on bond yields. Instead, the wholesale purchase of Treasuries by the U.S. public has prompted market concerns regarding the solvency of the U.S. government and the value of its currency. Slightly under one percentage point, the dollar is expected to close the week at a lower level, while market expectations of a...

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.