US Dollar Price Forecast: Fiscal Risks Weigh on DXY; EUR/USD and GBP/USD Test Key Resistance

US Dollar Price Forecast: Fiscal Risks Weigh on DXY; EUR/USD and GBP/USD Test Key Resistance

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-fiscal-075010571.html
Published: Aug 24, 2026 3:50 AM

US Dollar News: Debt Fears Weigh as Euro and Pound Hold Firm With the focus of global investors shifting away from the short-term economy to long-term fiscal credibility, the US dollar started its day on August 24 on multi-month lows. Although Treasury Department's plan to double buybacks to the tune of $4 billion per operation on 10- to 30-year debt has eased concerns in some market circles, others are concerned that Washington intends to further suppress long-term borrowing via the deficit without remediation. U.S. 30-year yields are at 5.337%, last week's 19-year highs, and a slightly better than expected Services report on Friday did little to push the dollar higher. Investors are watchi...

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.