EUR/USD Forecast: Dollar’s Descent Favoring Euro Buyers

<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>Traders are focused on when the Federal Reserve might start reducing rates. Futures indicate a 30% chance that the Fed could start rate cuts as early as next March. The euro reached its highest point in over two months. As we embark on the new week, the dollar extended its downward journey, painting an optimistic…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/eur-usd-forecast-dollars-descent-favoring-euro-buyers/">EUR/USD Forecast: Dollar’s Descent Favoring Euro Buyers</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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