EUR/USD Price Analysis: Fed Fuels Rate Hike Speculation

<div><img width="638" height="390" src="https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14.png" class="type:primaryImage wp-post-image" alt="my EUR/USD price analysis forecast outlook" decoding="async" style="margin-bottom: 15px;" fetchpriority="high" srcset="https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14.png 638w, https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14-300×183.png 300w, https://www.forexcrunch.com/wp-content/uploads/2022/01/Screenshot_2-14-150×92.png 150w" sizes="(max-width: 638px) 100vw, 638px" /></div>
<p>Various Federal Reserve speakers hinted at the possibility of imminent rate hikes. Traders are awaiting a speech from Chair Jerome Powell. Futures suggest a roughly 17% chance of another Fed rate hike by January. In Wednesday’s EUR/USD price analysis, a bearish tone dominated the scene as the dollar staged a comeback. This resurgence came in…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/eur-usd-price-analysis-fed-fuels-rate-hike-speculation/">EUR/USD Price Analysis: Fed Fuels Rate Hike Speculation</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>