EUR/USD bias flipped 15 times to weak bullish on August 26, 2026
EUR/USD is being driven by contrasting central bank signals, with ECB's Schnabel backing further tightening while the US dollar firms on higher yields ahead of the Jackson Hole symposium. Traders are also positioning for the upcoming US Core PCE inflation reading, which could influence Fed policy expectations. The broader risk environment, including tariff concerns and a chip selloff, is adding to FX market caution.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 15 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
- 05:48Weak bullish
- 06:04Neutral
- 07:01Weak bullish
- 12:07Neutral
- 12:39Weak bearish
- 12:55Neutral
- 14:28Weak bearish
- 14:50Neutral
- 16:07Weak bullish
- 17:21Neutral
- 19:59Weak bullish
- 20:15Weak bearish
- 20:47Neutral
- 21:03Bearish
- 22:32Weak bullish
Headlines (15)
First seen on August 26
- Preview, today: Fed's favoured inflation gauge lands two days before Warsh's Jackson Hole speechInvestingLive
- Mélenchon tosses a debt bomb into France’s presidential debatepolitico.eu
- ECB's Schnabel says the central bank must act early to prevent second-round effectsInvestingLive
- ECB’s Schnabel Sees Inflation Above 2% for Extended Period, Backs More TighteningActionForex
- Schnabel’s Hawkish Signal Reshapes the ECB Rate Outlook and Supports EUR/USDInvesting.com
- EUR/USD Rally Tests the Limits of Fed-ECB Policy ConvergenceInvesting.com
- Forex Today: US Dollar firms ahead of Jackson HoleFXStreet
- investingLive Americas FX news wrap 26 Aug The USD is mostly higher with higher yields the catalystInvestingLive
Carried over from earlier days
- Analysts’ views: forecasters continue to see Fed and Bank of England on hold this yearFinancial Times
- EURUSD is testing the rising 100 hour MA/swing areaInvestingLive
- Dollar slips to lowest since May as Treasury doubles bond buybacks, what's next?InvestingLive
- Event Guide: U.S. Core PCE Price Index (July 2026)babypips.com
- Market Quick Take - Wider tariffs and another chip selloff as gold extends its run - 25 August 2026home.saxo
- Germany Ifo Business Climate Jumps as Recovery Broadens Across SectorsActionForex
- PCE price index preview & EUR/USD technical analysismarketpulse.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, August 26 | ||
| Prelim GDP Price Index q/q | 6.2% | USD |
| Prelim GDP q/q | 1.5% | USD |
| Personal Spending m/m | 0.1% | USD |
| Core PCE Price Index m/m | 0.2% | USD |
| Core Durable Goods Orders m/m | 0.6% | USD |
| Personal Income m/m | 0.2% | USD |
| Durable Goods Orders m/m | 0.4% | USD |
| Crude Oil Inventories | 1.6M | USD |