Greenback Shrugs Off Inflation Data. Forecast as of 13.08.2026

It would seem that a slowdown in inflation—and the resulting decline in the likelihood of Fed tightening—combined with falling Treasury yields and a rally in the S&P 500, should have sent the greenback tumbling. Yet that has not happened. Why? Let's take a closer look and develop a trading plan for the EUR/USD.Major Takeaways US inflation continues to slow. The likelihood of a Fed rate hike in 2026 is declining. The US dollar is becoming increasingly sensitive to oil prices. Shor