EUR/USD Price Analysis: Euro Rises on Eve of ECB Rate Decision

<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>Eurozone consumer confidence fell in January. The ECB will likely pause interest rate hikes in the upcoming meeting. Investors will scrutinize ECB chief Christine Lagarde‚Äôs press conference for indications of the future direction of rates. Wednesday witnessed a slight bullish tilt in the EUR/USD price analysis ahead of the pivotal European Central Bank rate decision….</p>
<p>The post <a href="https://www.forexcrunch.com/blog/2024/01/24/eur-usd-price-analysis-euro-rises-on-eve-of-ecb-rate-decision/">EUR/USD Price Analysis: Euro Rises on Eve of ECB Rate Decision</a> appeared first on <a href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

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