US Dollar Price Forecast: Strong Jobs Revive Fed Hike Bets as ECB Decision Looms

US Dollar Price Forecast: Strong Jobs Revive Fed Hike Bets as ECB Decision Looms

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-strong-081231126.html
Published: Sep 07, 2026 4:12 AM

Dollar Index Outlook: Strong U.S. Jobs Revive Fed Hike Bets as ECB and BoE Tightening Risks Rise The dollar begins the new week with stronger Federal Reserve tightening expectations after Friday's U.S. employment report showed the labor market remains considerably more resilient than economists anticipated. Employers added 162,000 jobs in August, the strongest increase in five months, while unemployment held at 4.1%. Wage growth eased slightly to 3.1% annually, limiting evidence of a fresh wage-driven inflation problem, but the employment rebound was strong enough to reopen the debate over another Fed increase. Markets now assign roughly a 57% probability of a Fed rate increase in September,...

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.