US Dollar Price Forecast: Sticky Inflation Lifts DXY as EUR/USD and GBP/USD Pull Back

US Dollar Price Forecast: Sticky Inflation Lifts DXY as EUR/USD and GBP/USD Pull Back

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-sticky-052741530.html
Published: Aug 27, 2026 1:27 AM

US Dollar News: Sticky PCE Lifts Fed Hike Risk Before Warsh The U.S. dollar opens August 27 with buying after July inflation was slightly hotter than expected. The PCE price index climbed 0.2% month over month and 3.7% year over year, versus the 3.6% annual expected, while core PCE increased 0.2% and remained at 3.3%. This data has pushed market pricing in favor of a September Fed rate hike, however, a hold is still the more likely scenario. Markets wait for clarity on Fed Chair Kevin Warsh's Jackson Hole speech on whether persistent inflation is greater than weaker consumer and labor market signals. The euro's performance is better relative to the rest of the majors due to the inflation cha...

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.