EUR/USD Forecast: Investors Ramp Up Bets on Fed’s Cut

<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>The data revealed an unexpected decline in US producer prices. Current market pricing indicates a 78% probability that the US central bank will initiate rate cuts in March. Philip Lane said the ECB could start cutting rates in June. Monday’s EUR/USD forecast leaned towards optimism, driven by a weakened dollar, as investors raised their expectations…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/15/eur-usd-forecast-investors-ramp-up-bets-on-feds-cut/">EUR/USD Forecast: Investors Ramp Up Bets on Fed’s Cut</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>