#PCEInflationWatch that affects global financial markets, and the Personal Consumption Expenditures (PCE) index is one of the most important indicators relied upon by the Federal Reserve to measure inflation and make monetary policy decisions.

The rise of this index directly impacts the value of the US dollar, as it could prompt the Fed to tighten monetary policy by raising interest rates, leading to an increase in the dollar's value against other currencies like EUR/USD.

Therefore, investors are awaiting the #PCEInflationWatch report to understand future market trends and make their investment decisions accordingly.