EUR/USD bias flipped 9 times to neutral on August 28, 2026
EURUSD has been caught between opposing central bank signals, slipping below 1.1650 after US inflation data (PCE) boosted the dollar, while a hawkish ECB bias gradually shifting toward a September rate hike provided support. The pair trimmed intraday losses as traders weighed these Fed-ECB interest rate outlooks, with bond yields also in focus after comments from Warsh. Key technical levels around 1.1650 are in play as the market adjusts to the latest rate expectations.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 9 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 bearish
- 17:00Neutral
- 17:34Bearish
- 17:52Neutral
- 18:45Bullish
- 19:04Neutral
- 19:20Bearish
- 20:48Weak bearish
- 21:24Weak bullish
- 21:41Neutral
Headlines (11)
First seen on August 28
- What are the main events for today?InvestingLive
- How have interest rate expectations changed after this week's events?InvestingLive
- U.S. Stocks Fall After Warsh Speech Boosts Bond YieldsThe Wall Street Journal
Carried over from earlier days
- EUR/USD Rally Tests the Limits of Fed-ECB Policy ConvergenceInvesting.com
- Euro holds gains above 1.1650 on hawkish ECB biasFXStreet
- Euro: Lower against US Dollar after PCE surprise – Danske BankFXStreet
- Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson HoleFXStreet
- Kickstart the NA session with a technical look at the EURUSD, USDJPY and GBPUSD: Key levels in playInvestingLive
- ECB Minutes: Hawks Push for More Tightening as July Pause Leaves Door OpenActionForex
- ECB is gradually shifting towards a September rate hikeING Think
- Euro trims intraday losses as traders weigh Fed-ECB interest rate outlooksFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, August 28 | ||
| German Import Prices m/m | 0.3% | EUR |
| French Consumer Spending m/m | 0.1% | EUR |
| French Prelim CPI m/m | 0.7% | EUR |
| French Prelim GDP q/q | 0.2% | EUR |
| French Final Private Payrolls q/q | -0.1% | EUR |
| Spanish Flash CPI y/y | 4.2% | EUR |
| German Unemployment Change | 4K | EUR |
| Italian 10-y Bond Auction | EUR | |