US Dollar Price Forecast: DXY Eyes 99.58 as Jobs Week Tests Hawkish Fed; Eyes on EUR/USD and GBP/USD

US Dollar Price Forecast: DXY Eyes 99.58 as Jobs Week Tests Hawkish Fed; Eyes on EUR/USD and GBP/USD

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-dxy-061727219.html
Published: Sep 01, 2026 2:17 AM

US Dollar News: Warsh Hike Bets Meet Fresh Jobs Risk With Kevin Warsh's hawkish Jackson Hole speech, US dollar markets head into the first trading day of September with an anticipation of a hardening policy backdrop. This has moved the markets up to around a 65% chance of a rate hike this month. Increased fighting between the US and Iran has pushed oil prices up, sparking a renewed fear of longer elevated inflation due to rising prices of energy. This week's data will test the labor market, with the JOLTS job openings and ADP employment reports being released before Friday's nonfarm payrolls reporting, which shows meager expectations for the payroll reporting after July's contraction. The eu...

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.