PCE price index preview & EUR/USD technical analysis
The upcoming PCE Price Index report, scheduled for release on Wednesday, August 26, is a pivotal indicator for Federal Reserve monetary policy. This article examines consensus expectations for headline and core PCE inflation, along with an overview of the associated personal income, spending, and savings data. Additionally, it provides a detailed technical analysis of EUR/USD, discussing recent breakout patterns, key support and resistance levels, and momentum following dovish FOMC minutes.