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US Dollar Price Forecast: ECB Holds Steady, PMI Data in Focus – Can DXY Extend Gains Against GBP/USD and EUR/USD?

Published Jul 24, 2026 4:04 AM Source: FXEmpire Event Time: Jul 24, 2026 4:04 AM
US Dollar Price Forecast: ECB Holds Steady, PMI Data in Focus – Can DXY Extend Gains Against GBP/USD and EUR/USD?

Source: FXEmpire - https://www.fxempire.com/forecasts/article/us-dollar-price-forecast-ecb-holds-steady-pmi-data-in-focus-can-dxy-extend-gains-against-gbp-usd-and-eur-usd-1612503
Published: Jul 24, 2026 4:04 AM

The ECB kept rates unchanged as traders turn to U.S. PMI data and the Fed meeting. Explore the latest outlook for DXY, EUR/USD and GBP/USD.

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.