{
  "id": 4152285,
  "title": "US Dollar Price Forecast: Warsh Looms as DXY Rebounds, EUR/USD Pulls Back; GBPUSD Key Levels",
  "url": "https://urgent.news/2026/08/28/us-dollar-price-forecast-warsh-looms-as-dxy-rebounds-eur-usd-pulls",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T05:56:44.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/currencies/articles/us-dollar-price-forecast-warsh-055644863.html"
  },
  "original_language": "en",
  "account": "The US Dollar Index (DXY) has rebounded, nearing a one-week high as investors await the first speech by Federal Reserve Governor Kevin Warsh at the Jackson Hole symposium on August 28. Despite sticky July PCE inflation at 3.7% and 3.3%, respectively, market concerns persist regarding potential further tightening by the Federal Reserve. Futures indicate a 35% chance the Fed will act by September, increasing to around 75% by December. However, Warsh's lack of clear guidance adds uncertainty. Meanwhile, the euro benefits from a more hawkish policy backdrop; the European Central Bank (ECB) minutes suggest another rate hike is likely in September, with a potential rise from 2.25% to 2.50%. The July inflation rate remains around 3%, while corporate lending grew by 4.4%. Sterling faces a less hawkish stance, with only a 15% chance of a Bank of England rate hike in September and a full quarter-point increase not expected until around February 2027. GBP/USD is trading below the 50 EMA at 1.3595 and the 100 EMA at 1.3557, while the U.S. Dollar Index hovers near 99.20 on the 4-hour chart after recovering from a low of 98.56. If the index breaks and holds above the 99.25 level, it could extend to 99.48, 99.68, and 99.99, with a next major resistance at 100.38. Conversely, support levels are at 99.12, 98.99, 98.82, and 98.56. GBP/USD and EUR/USD face varying conditions, with the latter in a potentially dangerous corrective phase.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}