EUR/USD Forecast: Dollar Soars Amid Revised Rate Cut Outlook

<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" style="margin-bottom: 15px;" decoding="async" 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 FOMC meeting minutes showed confidence that inflation is under control. There are no clear indications of when the Fed might initiate rate cuts. A third consecutive monthly decline in US job openings in November indicated a softening labor market. Thursday’s EUR/USD forecast points to a bearish trend as investors reassess their predictions for this…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/04/eur-usd-forecast-dollar-soars-amid-revised-rate-cut-outlook/">EUR/USD Forecast: Dollar Soars Amid Revised Rate Cut Outlook</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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