EUR/USD Forecast: Global Cautious Markets Capping Recovery

<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;" fetchpriority="high" 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>Risk sentiment remained fragile amid the Middle East tensions. US consumer prices increased, mainly driven by an unexpected surge in rental costs. The Eurozone labor market shows no signs of weakening. Monday’s EUR/USD forecast is bearish as the dollar retained its position near a one-week high against the euro as investors avoided risk. Risk sentiment…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/eur-usd-forecast-global-cautious-markets-capping-recovery/">EUR/USD Forecast: Global Cautious Markets Capping Recovery</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>