EUR/USD Forecast: Bounces off 3-Month Low, Eyes on 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;" 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>US inflation data failed to alter expectations for a Federal Reserve pause. Core US registered a year-on-year rate of 4.3% in August, down from 4.7% the previous month. Expectations for a rate hike by the ECB later on Thursday have risen to about 60% probability. On Thursday, the EUR/USD forecast was bullish as the euro…</p>
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