Market Fundamental Analysis for August 28, 2026 EURUSD
Event to watch today:
17:00 EET. USD - Federal Reserve Board Chair Kevin Warsh will deliver a speech
EURUSD:
A month without swaps on majors!
The euro begins the European session near weekly lows as the market approaches Federal Reserve Chair Kevin Warsh's speech with heightened attention to inflation risks in the US. Several Fed officials recently reiterated the need to maintain a firm stance against price pressures, and the probability of a rate hike by year-end has increased. This supports the dollar and limits EURUSD recovery.
Trading idea: SELL 1.1650, SL 1.1680, TP 1.1575
