US Dollar Price Forecast: Fed Minutes Loom as EUR/USD and GBP/USD Test Resistance

US Dollar Price Forecast: Fed Minutes Loom as EUR/USD and GBP/USD Test Resistance

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-fed-063532680.html
Published: Aug 18, 2026 2:35 AM

US Dollar News: Fed Hold Bets Rise as ECB and BoE Stay Hawkish As we entered August 18, the expectations on monetary policy had clearly shifted toward a Federal Reserve pause. Recent data on the U.S economy showed a slowing economy as July's retail sales declined for the first time in nine months, core retail sales declined, payrolls shrank, and July inflation readings were less worrisome. Funds markets anticipate a September raise at a probability of only about 35 percent as compared to 52.2 percent last week. A Reuters poll, which was taken August 12 – 17, suggested most economists anticipated a Fed pause for all of 2026. Investors are waiting for the release of the FOMC minutes on the Jul...

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.