US Dollar Price Forecast: Warsh Looms as DXY Rebounds, EUR/USD Pulls Back; GBPUSD Key Levels

US Dollar Price Forecast: Warsh Looms as DXY Rebounds, EUR/USD Pulls Back; GBPUSD Key Levels

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-warsh-055644863.html
Published: Aug 28, 2026 1:56 AM

US Dollar News: Warsh Takes Center Stage as ECB Stays Hawkish With investors waiting for Kevin Warsh's first speech at the Jackson Hole symposium on August 28, the US dollar is approaching a one-week high. Despite the sticky July PCE inflation at 3.7% and 3.3%, respectively, the markets are concerned with the Fed's potential for continued tightening. Futures show that there is a 35% chance that the Fed will act by September with that number going up toward 75% when focusing on December. Warsh's lack of traditional forward guidance has added uncertainty. The euro has a firmer policy backdrop. The minutes of the July meeting for the ECB showed that the policymakers believed that another intere...

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.