US Dollar Price Forecast: DXY Weakens Ahead of NFP; EUR/USD and GBP/USD Recover

US Dollar Price Forecast: DXY Weakens Ahead of NFP; EUR/USD and GBP/USD Recover

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-dxy-063755377.html
Published: Sep 04, 2026 2:37 AM

Dollar Index, EUR & GBP News: Payrolls Take Center Stage as Fed, ECB and BoE Rate Paths Diverge After the July job numbers integration and with the August numbers yet to be released, the dollar will start Friday on the back foot. Governor of the Federal Reserve, Christopher Waller, said Wednesday that some signs of disinflation would justify a holding of monetary policy at the September meeting. The markets priced in odds of a Fed rate increase standing at 50 percent, as opposed to 63 percent the previous day. The dollar is set to close the week in negative territory amid positive oil prices and persisting inflation concerns due to the Iranian crisis. In the August jobs report, payrolls are...

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.