EUR/USD Price Forecast: Declines to near 1.1650, overbought signals curb upside bias
Morning briefing: EUR/USD needs a sustained move above 1.1700 to regain upside momentum
EUR/USD Price Forecast: Remains sideways ahead of key US events
The upcoming personal consumption expenditures (PCE) price index report—scheduled for release by the Bureau of Economic Analysis on Wednesday, August 26—serves as a pivotal indicator for investors evaluating the Federal Reserve's next policy moves, particularly because PCE (specifically Core PCE) is the Fed's preferred measure of inflation to guide monetary policy. Consensus estimates project July headline PCE inflation to tick down slightly to 3.6% year-over-year while core PCE is anticipated to hold steady at 3.3%, making this print highly scrutinized for signals on whether underlying price pressures are abating or remaining stubbornly elevated.
The upcoming PCE Price Index report, scheduled for release on Wednesday, August 26, is a pivotal indicator for Federal Reserve monetary policy. This article examines consensus expectations for headline and core PCE inflation, along with an overview of the associated personal income, spending, and savings data.
Euro: Upside limited above fair value against US Dollar – Scotiabank
Euro stays near three-month high as US Dollar remains subdued
Euro: Recovery against US Dollar supported by data – BBH
DXY attempts to recover as markets await Kevin Warsh's Jackson Hole speech and PCE inflation, while EUR/USD and GBP/USD hold near key support.
Euro: Further gains eyed toward 1.1800 against US Dollar – UOB
EUR/USD Price Forecast: Corrects further as US Dollar extends recovery
Morning briefing: EUR/USD is expected to regain momentum above 1.1700