Capital.com analyst Daniela Hathorn said upcoming US data will determine whether the dollar rally has further room. If PCE and labor-market prints continue to support a higher-for-longer rates narrative, the dollar should remain supported; if price p

2026-06-24

Capital.com analyst Daniela Hathorn said upcoming US data will determine whether the dollar rally has further room. If PCE and labor-market prints continue to support a higher-for-longer rates narrative, the dollar should remain supported; if price pressures ease more quickly, markets may start to question whether current rate expectations are too aggressive. PCE (the Fed’s preferred inflation gauge) and initial jobless claims are due Thursday; nonfarm payrolls are due July 2.