Negative macroeconomic statistics from the United States | 11 فبراير 2021
11 فبراير 2021, EUR/USD
EURUSD trading plan:
Weaker-than-expected U.S. inflation and a promise from the Federal Reserve to keep interest rates low continued to raise investor expectations of meager returns from the U.S. currency. The Labor Department said its consumer price index increased 0.3% last month after climbing a revised 0.2% in December. In the 12 months through January the CPI rose 1.4% after gaining a revised 1.3% December. Economists polled by Reuters had forecast the CPI rising 0.3% and increasing 1.5% year-on-year.
Investment idea: Buy 1.2113 and take profit 1.2172.
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