EUR/USD bias held neutral on August 29, 2026
The dollar strengthened as market perceptions of a potential Federal Reserve rate hike increased, following hawkish remarks from Fed officials and a rise in bond yields. These developments have put downward pressure on EURUSD, as interest rate differentials favor the dollar.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all 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
Headlines (15)
Carried over from earlier days
- 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
- What are the main events for today?InvestingLive
- FX Daily: Keeping an eye on the long endING Think
- How have interest rate expectations changed after this week's events?InvestingLive
- Fed's Hammack: It's time to act with rate hikes, waiting will create painInvestingLive
- US dollar climbs as the market sees a rising chance of a Fed hikeInvestingLive
- European indices close the day with gains.InvestingLive
- US Fed chair warns inflation progress insufficient, hints at rate hikesAl Jazeera
- U.S. Stocks Fall After Warsh Speech Boosts Bond YieldsThe Wall Street Journal
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 31 | ||
| German Prelim CPI m/m | 0.3% | EUR |
| German Retail Sales m/m | EUR | |
| Tuesday, September 1 | ||
| German Retail Sales m/m | 0.4% | EUR |
| Spanish Manufacturing PMI | 50.4 | EUR |
| Italian Manufacturing PMI | 51.6 | EUR |
| French Final Manufacturing PMI | 51.5 | EUR |
| German Final Manufacturing PMI | 54.1 | EUR |
| Final Manufacturing PMI | 52.8 | EUR |