May PCE inflation remained sticky at 4.1% headline and 3.4% core, underscoring persistent price pressures and supporting the Federal Reserve’s "higher for longer" policy outlook. Following the release, EURUSD has staged a technical breakout above its descending channel, with bullish momentum building. Explore our latest market analysis for insights into the economic drivers and key technical levels impacting the pair.
26-06-2026 00:15 GMT
by Moheb Hanna