EUR/USD Outlook: ECB Fails to Suppress Rate-Cut Bets

<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" 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>ECB policymakers tried to discourage traders from speculating on impending rate cuts. Traders raised their bets on lower ECB rates after Britain’s lower inflation figures. Investors are awaiting the final estimates of US third-quarter GDP. ECB policymakers fell short in reducing rate-cut expectations, resulting in a bearish EUR/USD outlook on Thursday. Two influential ECB hawks…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/21/eur-usd-outlook-ecb-fails-to-suppress-rate-cut-bets/">EUR/USD Outlook: ECB Fails to Suppress Rate-Cut Bets</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>