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

The rise in this index directly affects the value of the US dollar, as it can push the Federal Reserve to tighten monetary policy by raising interest rates, which leads to an increase in the value of the dollar against other currencies such as EUR/USD.

Therefore, investors are awaiting the #PCEInflationWatch report to know the future trends of the markets and make their investment decisions based on that.