US Dollar Index bias flipped 25 times to neutral on August 27, 2026
The US Dollar Index edged higher as a slightly hotter-than-expected core PCE inflation reading kept the possibility of a September Federal Reserve rate hike on the table, ahead of the Jackson Hole symposium. Steady GDP data reinforced the case for tight policy, supporting the dollar. Meanwhile, reports of de-dollarization trends and a higher gold target from UBS highlight longer-term headwinds, but near-term price action is being driven by inflation and Fed expectations.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 25 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Weak bullish
- 00:29Neutral
- 03:30Weak bullish
- 03:47Weak bearish
- 04:58Neutral
- 05:18Weak bullish
- 05:42Neutral
- 06:00Weak bullish
- 06:32Neutral
- 07:08Weak bullish
- 07:40Neutral
- 08:37Weak bullish
- 08:53Neutral
- 12:02Weak bearish
- 12:18Weak bullish
- 13:36Neutral
- 13:52Weak bearish
- 14:28Neutral
- 14:44Bullish
- 15:12Neutral
- 16:01Bullish
- 16:37Neutral
- 18:58Bearish
- 20:26Neutral
- 20:42Weak bearish
- 21:02Neutral
Headlines (11)
First seen on August 27
- Sticky Core PCE and Steady GDP Keep Fed Tightening Hopes Alivebabypips.com
- Sunrise Market CommentaryActionForex
- US Dollar Edges HigherInvesting.com
Carried over from earlier days
- Bitcoin Tops $81,000 as Gold Notches Its Best Month Since 1999BeInCrypto
- Copper Hits Highest Close in History as Debasement Trade Lifts Gold, Silver, BitcoinBeInCrypto
- Preview, today: Fed's favoured inflation gauge lands two days before Warsh's Jackson Hole speechInvestingLive
- Slightly hotter than expected PCE inflation keeps Fed’s September rate rise in playFinancial Times
- Forex Today: US Dollar firms ahead of Jackson HoleFXStreet
- Japanese Yen reverses earlier gains as US Dollar firms after PCE dataFXStreet
- The Dollar Index is climbing out of a fiscal holeFXStreet
- UBS backs de-dollarization trend, lifts gold target to $5,400 an ounceInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, August 27 | ||
| Private Capital Expenditure q/q | 0.8% | AUD |
| RBA Bulletin | AUD | |
| Household Spending m/m | 0.3% | AUD |
| German GfK Consumer Climate | -29.5 | EUR |
| M3 Money Supply y/y | 3.5% | EUR |
| Private Loans y/y | 2.9% | EUR |
| ECB Monetary Policy Meeting Accounts | EUR | |
| Goods Trade Balance | -100.8B | USD |