EUR/USD Forecast: Firm Dollar Casting Shadows Ahead of FOMC

<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>Elevated geopolitical tensions in the Middle East dampened risk sentiment. Recent data indicated a moderate increase in US prices for December. The US Federal Reserve will most likely keep rates unchanged on Tuesday. Today’s EUR/USD forecast revealed a subtle bearish tilt. The dollar held steady as investors carefully evaluated crucial US economic data ahead of…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/29/eur-usd-forecast-firm-dollar-casting-shadows-ahead-of-fomc/">EUR/USD Forecast: Firm Dollar Casting Shadows Ahead of FOMC</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>