GBP/USD (British pound sterling/US dollar) GBP/USD (British pound sterling/US dollar)
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The American currency gains ground, supported by rising Treasury yields.

The US dollar is trying to turn things around early on Monday.

Weak U.S. payrolls pressure the dollar as markets turn to July CPI for fresh Fed clues, while EUR/USD and GBP/USD test major resistance.

The American currency is under pressure as traders reduce bets on hawkish Fed.

07 Aug, 2026 @ 08:57 by Yahoo! Finance

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US Dollar Price Forecast: DXY trades near key support ahead of Friday’s U.S. Nonfarm Payrolls report, while EUR/USD tests resistance and GBP/USD consolidates after recent gains.

The currency markets have no major announcements to focus on today, so ranges are likely to be watched by most.

The US dollar trades cautiously ahead of Friday’s Nonfarm Payrolls report as investors assess Fed rate expectations, cooling labor market data, and the outlook for EUR/USD, GBP/USD, and the DXY.

The U.S. dollar steadies ahead of JOLTS job openings and ISM Services PMI, while EUR/USD and GBP/USD react to key economic data and central bank expectations.

US Dollar Index, EUR/USD and GBP/USD await NFP, JOLTS, ADP and ISM Services PMI as traders assess the Fed’s next move after last week’s rate hold.

The U.S. dollar weakens after the Federal Reserve held interest rates steady, while EUR/USD and GBP/USD strengthen as markets assess global policy divergence.

The U.S. dollar steadies after the Fed held rates unchanged as markets shift focus to PCE inflation, EUR/USD, GBP/USD and the Bank of England meeting.

The Federal Reserve is in play on Wednesday, and this will be the main story it seems.

The U.S. dollar, EUR/USD and GBP/USD are in focus on Fed Decision Day as investors await the Fed’s policy statement and Chair Kevin Warsh’s guidance.

The US dollar continues to flex its muscles early on Tuesday.

The Fed meeting, GDP, PCE inflation and payrolls could drive major forex moves this week. Explore the latest outlook for DXY, EUR/USD and GBP/USD.

The US dollar softened a bit in the early part of the Monday session, as the missiles in the Middle East have stopped, for the moment.

The Fed, GDP, PCE inflation and payrolls headline a pivotal week for forex markets. Explore the latest outlook for DXY, EUR/USD and GBP/USD.

The ECB kept rates unchanged as traders turn to U.S. PMI data and the Fed meeting. Explore the latest outlook for DXY, EUR/USD and GBP/USD.

The American currency is moving higher as oil prices soar amid rising tensions in the Middle East.

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Ted is the author of some of the most highly rated review of Forex investment. Ted has consistently provided informative, relevant insight into the latest developments within the FX industry

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