# Euro comes under pressure against US Dollar after mixed US PCE data

> EUR/USD traded near 1.1660 after July PCE data showed headline inflation at 0.2% month-on-month, above forecasts, while core inflation matched expectations. US GDP held at 1.5% in Q2. CME FedWatch showed about a 65% chance the Fed would leave rates unchanged in September.

- Date: 2026-08-26 · published 2026-08-26T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/18103-euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Inflation data that keeps Fed hike odds elevated supports the dollar, which can cap dollar-priced commodity exports. The report did not change the Fed outlook much.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-25 | [Euro stabilizes near 13-month lows against the US Dollar after in-line US inflation data](https://feedsoft.ai/events/19034-euro-stabilizes-near-13-month-lows-against-the-us-dollar-after-in-line-us.md) | -0.2% | -0.4% |
| DXY | 2016-11-15 | [Dollar hovers at 11-month high after upbeat U.S. data](https://feedsoft.ai/events/7744-dollar-hovers-at-11-month-high-after-upbeat-u-s-data.md) | +0.2% | -0.4% |
| DXY | 2019-12-06 | [Dollar gains after stronger-than-expected U.S. jobs report \| Reuters](https://feedsoft.ai/events/55796-dollar-gains-after-stronger-than-expected-u-s-jobs-report-reuters.md) | -0.4% | -1.1% |
| DXY | 2024-06-05 | [US dollar rises as strong service sector data muddles Fed easing this year](https://feedsoft.ai/events/8478-us-dollar-rises-as-strong-service-sector-data-muddles-fed-easing-this-year.md) | +1.1% | +0.9% |
| DXY | 2022-07-05 | [Grain prices plunge, as Canada data add to pressure from market mayhem - Grain Price News](https://feedsoft.ai/events/5056-grain-prices-plunge-as-canada-data-add-to-pressure-from-market-mayhem-grain.md) | +1.5% | -0.1% |
| EURUSD | 2026-06-25 | [Euro stabilizes near 13-month lows against the US Dollar after in-line US inflation data](https://feedsoft.ai/events/19034-euro-stabilizes-near-13-month-lows-against-the-us-dollar-after-in-line-us.md) | +0.3% | +0.2% |
| EURUSD | 2019-01-31 | [Euro-to-Dollar Rate: Economic Data Suggests There Could Be More Bad News to Come](https://feedsoft.ai/events/61306-euro-to-dollar-rate-economic-data-suggests-there-could-be-more-bad-news-to-come.md) | -0.3% | -0.4% |
| EURUSD | 2019-12-06 | [Dollar gains after stronger-than-expected U.S. jobs report \| Reuters](https://feedsoft.ai/events/55796-dollar-gains-after-stronger-than-expected-u-s-jobs-report-reuters.md) | +0.1% | +0.7% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data-202608261257

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