EUR/USD Outlook: Euro Gains as ECB Maintains Hawkish Stance

<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 European Central Bank adhered to its hawkish stance. Powell signaled on Wednesday that the era of tightening monetary policy is likely over. Markets are currently pricing in a 75% likelihood of a rate cut by the Fed in March. Friday’s EUR/USD outlook is bullish as the currency rallied, propelled by the European Central Bank’s…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2023/12/15/eur-usd-outlook-euro-gains-as-ecb-maintains-hawkish-stance/">EUR/USD Outlook: Euro Gains as ECB Maintains Hawkish Stance</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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