The US dollar has surged to new heights against other major currencies, fueled by anticipation of the upcoming Personal Consumption Expenditures (PCE) price index data. This economic indicator is particularly significant for the Federal Reserve’s monetary policy decisions and holds sway over global markets. Analysts point to several key factors contributing to this shift: the upcoming PCE release, its potential impact on interest rate expectations, and a prevailing perception of strength in the US economy relative to other major economies. The Euro, conversely, has faced headwinds due to disappointing economic indicators like declining German retail sales, which raise concerns about the health of the Eurozone’s economy.