EUR/USD Forecast: Dollar Recovers on Robust US GDP Growth

<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>US gross domestic product expanded at a 5.2% annualized rate in the last quarter. There is an increased likelihood of a Fed rate cut in March. German inflation data indicated a slowdown to 2.3% in November. Today’s EUR/USD forecast presents a bearish outlook as the dollar stages a comeback from its three-month lows. This reversal…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/11/30/eur-usd-forecast-dollar-recovers-on-robust-us-gdp-growth/">EUR/USD Forecast: Dollar Recovers on Robust US GDP Growth</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>