EUR/USD Outlook: Euro Rises on Wings of Hawkish ECB

<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>The ECB’s chief economist expressed dissatisfaction with the progress in controlling inflation. Eurozone inflation dropped to 2.9% last month. ECB’s Lane projected a steady or potentially increasing price growth next year. Thursday’s EUR/USD outlook painted a bullish picture, with the euro making strides against the dollar. The rally was set ablaze by the hawkish remarks…</p>
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