US Dollar Price Forecast: U.S. Data in Focus as DXY, EUR/USD and GBP/USD Test Key Levels

US Dollar Price Forecast: U.S. Data in Focus as DXY, EUR/USD and GBP/USD Test Key Levels

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-u-070935176.html
Published: Aug 04, 2026 3:09 AM

US Dollar News: Fed Outlook and Global Data Keep FX Markets on Edge The U.S. dollar starts the day as traders focus on a series of major U.S. economic announcements that may influence expectations on the Federal Reserve's future policy. Following the Federal Reserve's recent announcement to leave their benchmark rate at 3.50% – 3.75%, traders will analyze today's JOLTS job openings, factory orders, and the ISM Services PMI, followed by the ADP private payrolls and the highly anticipated U.S. Nonfarm Payrolls report. These upcoming economic releases will provide the first substantial evidence of if the U.S. economic calendar is starting to fade after recent indications of moderation within th...

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.