EUR/USD Weekly Forecast: Bets for Fed’s Dec Hike Diminish

<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 dollar weakened amid reduced bets of a rate hike in December. US retail sales rose while initial jobless claims fell, indicating a robust economy. Economists agree that the European Central Bank’s rate hike cycle has concluded. The EUR/USD weekly forecast shows a slight edge for the euro over the dollar as the market adjusts…</p>
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