US Dollar Price Forecast: Hawkish Warsh Lifts DXY as EUR/USD and GBP/USD Fall

US Dollar Price Forecast: Hawkish Warsh Lifts DXY as EUR/USD and GBP/USD Fall

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-hawkish-081954940.html
Published: Aug 31, 2026 4:19 AM

US Dollar News: Warsh's Hawkish Turn Revives September Hike Bets The U.S. dollar starts the month of August with fresh fundamental support. The markets are now assigning a 57 percent probability of a September rate increase, up from 35 percent after Federal Reserve Chair Kevin Warsh's remarks at Jackson Hole. The two-year Treasury notes are yielding around 4.33 percent, near a one-month high, which supports the dollar's interest rate differentials. Gulf tensions have also become defensive demand buyers after the U.S. strikes on Iran's Larak Island and Iran retaliated by striking Jordan. The euro continues enjoying support from a more hawkish European Central Bank. From the ECB meeting minute...

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.