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27 Aug 2026 · 09:48 GMT+3

Euro: Lower against US Dollar after PCE surprise – Danske Bank

Danske Research Team notes that the United States (US) Personal Consumption Expenditures (PCE) Price Index inflation surprise triggered a hawkish market reaction, pushing US rates higher and weighing on EUR/USD. The pair dropped to 1.1650 as the US Dollar (USD) found support from stronger data.

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