US Dollar Firms As Markets Eye PMI Data. Forecast as of 23.06.2026

The easing of geopolitical tensions has done little to diminish investor demand for the US dollar. The greenback continues to benefit from diverging monetary policy paths on either side of the Atlantic. While the Fed could deliver three rate hikes in 2026, the ECB is expected to tighten policy only once. Against this backdrop, let's examine the market dynamics and develop a trading strategy for the EUR/USD pair.Major Takeaways The Fed may raise rates to 4.5% in 2026. The likelihood of ECB moneta