EUR/USD Price Analysis: US Dollar Plunges to 3-Month Low

<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;" 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 Federal Reserve might start interest rate cuts by the first half of next year. The euro has gained around 3.4%, marking its most significant monthly increase in a year. Data revealed a more substantial than expected drop in US new home sales in October. Tuesday witnessed a bullish EUR/USD price analysis as the US…</p>
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