US Dollar Price Forecast: PCE Test Looms as EUR/USD and GBP/USD Hold Firm

US Dollar Price Forecast: PCE Test Looms as EUR/USD and GBP/USD Hold Firm

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-pce-075653463.html
Published: Aug 26, 2026 3:56 AM

US Dollar News: PCE and Warsh Put Fed Outlook Back in Focus For the first trading session of August 26th, the U.S. dollar is holding tight due to market anticipation of the July PCE inflation report as well as market forecasts of the first Fed Chairman Jackson Hole speech by Kevin Warsh. A more hawkish timing for a potential September rate pause by the Fed seems to be the more prevalent market opinion, with the July PCE inflation report likely to reinforce that opinion or counter it and push the market towards an additional rate hike. Collins, Boston Fed President, said during the week that interest rates will need to go up unless core inflation (which is currently hovering around 3.3%) show...

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.