# Euro Steady as Investors Await Warsh’s Jackson Hole Speech

> The euro traded near $1.165 as investors awaited Warsh's Jackson Hole speech. French and Spanish inflation data pointed to renewed price pressure and stronger expectations of an ECB hike in September. The article also reports the euro weakening toward a 17-month low, with oil prices rebounding on Hormuz shipping attacks.

- Date: 2026-08-28 · published 2026-08-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/18101-euro-steady-as-investors-await-warsh-s-jackson-hole-speech
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Energy-driven inflation and rate expectations shape currency moves that affect dollar-priced agricultural exports. A weaker euro and firmer dollar can lower US grain and oilseed export competitiveness.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-02-02 | [Euro, sterling dip as investors assess rate outlook](https://feedsoft.ai/events/37536-euro-sterling-dip-as-investors-assess-rate-outlook.md) | -1.7% | -2.9% |
| EURUSD | 2026-08-27 | [Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole](https://feedsoft.ai/events/18100-euro-retreats-below-1-1650-as-inflation-data-buoys-us-dollar-ahead-of-jackson.md) | -0.5% | -2.4% |
| EURUSD | 2018-08-10 | [Euro clobbered on Turkey turmoil as investors scramble for safety](https://feedsoft.ai/events/11061-euro-clobbered-on-turkey-turmoil-as-investors-scramble-for-safety.md) | -1.5% | +0.1% |
| EURUSD | 2017-08-16 | [Euro dips after ECB signals no shift likely at Jackson Hole](https://feedsoft.ai/events/69669-euro-dips-after-ecb-signals-no-shift-likely-at-jackson-hole.md) | +0.2% | +1.4% |
| EURUSD | 2022-05-19 | [Euro dollar: What does it mean for investors as the pair nears parity?](https://feedsoft.ai/events/41611-euro-dollar-what-does-it-mean-for-investors-as-the-pair-nears-parity.md) | +1.6% | +0.4% |
| DXY | 2023-02-02 | [Euro, sterling dip as investors assess rate outlook](https://feedsoft.ai/events/37536-euro-sterling-dip-as-investors-assess-rate-outlook.md) | +1.3% | +2.1% |
| DXY | 2026-08-27 | [Euro retreats below 1.1650 as inflation data buoys US Dollar ahead of Jackson Hole](https://feedsoft.ai/events/18100-euro-retreats-below-1-1650-as-inflation-data-buoys-us-dollar-ahead-of-jackson.md) | +0.1% | +1.8% |
| DXY | 2018-08-10 | [Euro clobbered on Turkey turmoil as investors scramble for safety](https://feedsoft.ai/events/11061-euro-clobbered-on-turkey-turmoil-as-investors-scramble-for-safety.md) | +1.1% | +1.1% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/euro-area/currency/news/579033

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.