fxstreet.com 10 Feb, 2021 14:15 am

Bullish momentum accelerates as US inflation misses

Bullish momentum accelerates as US inflation misses
The EUR/USD pair maintains its positive stance, although trading just a few pips above Tuesday’s high. The pair peaked at 1.2143 so far today, as the

Wall Street trades at record highs ahead of the opening, weighing on the dollar.EUR/USD short-term technical outlook The EUR/USD pair grinds higher, as the greenback came under pressure following the release of tepid US data, while Wall Street reaches fresh all-time highs ahead of the opening.Germany published January inflation figures, which confirmed the preliminary estimates.The US also published its January inflation data, which came in as previously estimated, but below the expected upward review.

The annual CPI printed at 1.The annual CPI came in at 1.

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