fxstreet.com 11 Feb, 2021 10:15 am

EUR/USD looks ready to further extend its gains

EUR/USD has been holding onto high ground after the Fed pledged to support the economy. Yohay Elam, an Analyst at FXStreet, expects the pair to power

FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.Yohay Elam, an Analyst at FXStreet, expects the pair to power higher as weak US inflation and a reminder of the labor market's struggles are set to weigh on the dollar.” “Federal Reserve Chair Jerome Powell stressed that any future inflation will likely ‘not mean that much’ and moved to talk about the labor market.

The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.EUR/USD has been holding onto high ground after the Fed pledged to support the economy.

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