EUR/USD bias flipped 3 times to neutral on August 17, 2026
The euro has strengthened against the dollar, pushing EUR/USD to an eight-week high, as the dollar comes under selling pressure. Traders are scaling back expectations for Federal Reserve rate hikes, with some pointing to a cooling US economy and high oil prices as factors weighing on the greenback. The dollar's losses have extended, though it showed signs of stabilizing ahead of the North American session.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 3 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
- 00:00Neutral
- 16:59Bullish
- 17:16Weak bearish
- 17:32Neutral
Headlines (13)
First seen on August 17
- Euro strengthens above 1.1550 as Fed rate hike bets fadeFXStreet
- Dollar comes under pressure to start the new weekInvestingLive
- Sunrise Market CommentaryActionForex
- US Dollar Exceptionalism Fades as EUR/USD Eyes BreakoutInvesting.com
- FX Daily: Porridge cools for goldilocksING Think
- Cooling US Economy and High Oil Prices Weigh on Dollar. Forecast as of 17.08.2026LiteFinance
- EUR/USD Hits 2-Month High Before Fed Minutes and Warsh’s Jackson Hole DebutInvesting.com
- Dollar Falls Sharply on Fading Prospect of Federal Reserve Raising RatesThe Wall Street Journal
- EUR/USD at Eight-Week High: What Happens NextInvesting.com
- Dollar's Losses Extended, but Stabilizing Ahead of the North American Sessionmarctomarket.com
- Kickstart the NA session for August 17: USD starts the week on the defensive.InvestingLive
Carried over from earlier days
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 17 | ||
| Empire State Manufacturing Index | 10.6 | USD |
| NAHB Housing Market Index | 33 | USD |
| TIC Long-Term Purchases | 151.4B | USD |
| German Buba Monthly Report | EUR | |
| Tuesday, August 18 | ||
| German ZEW Economic Sentiment | 30.1 | EUR |
| ZEW Economic Sentiment | 25.9 | EUR |
| ADP Weekly Employment Change | USD | |
| Building Permits | 1.37M | USD |