EUR/USD Price Analysis: ECB Hawks Alter Outlook on Fed Cuts

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<p>Concerns about potential Red Sea ship attacks dampened risk sentiment. Comments from ECB officials opposing early rate cuts cast a shadow on the global rate outlook. Money markets expect cuts of almost 145 basis points in the ECB’s deposit rate this year. A bearish tone dominated Tuesday’s EUR/USD price analysis as the dollar surged. Investors…</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/16/eur-usd-price-analysis-ecb-hawks-alter-investor-outlook-on-fed-rate-cuts/">EUR/USD Price Analysis: ECB Hawks Alter Outlook on Fed Cuts</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>