US Dollar Price Forecast: Softer PPI Boosts Fed Cut Bets – Can EUR/USD and GBP/USD Rally?

US Dollar Price Forecast: Softer PPI Boosts Fed Cut Bets – Can EUR/USD and GBP/USD Rally?

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-softer-070021827.html
Published: Aug 14, 2026 3:00 AM

US Dollar News: Fed Rate Cut Bets Rise as Euro and Pound Navigate Domestic Risks As of August 14, the U.S. dollar is facing pressure due to changing expectations for the Fed after release of slower inflation data provided further evidence of a case for increased easing. The July report for the Producer Price Index (PPI) indicated that inflation for wholesale goods was unchanged compared to the month prior, and core PPI also increased by 0.2% after the latest CPI report indicated a slower-than-expected rise. The data released further eased the concerns for inflation rising again and suggested that the Fed was likely to begin cutting rates in September. For the Fed, the labor market is still t...

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.