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Feb 18, 2021 20:57 GMTFXStreet News
What you need to know on Friday, February 19:
The greenback lost momentum, as demand receded. European currencies were
the most benefited with EUR/USD peaking around 1.2090 and GBP/USD surging to a fresh multi-month high of 1.3985. Commodity-linked currencies posted modest advances against its American rival.
US Treasury yields eased. Worse-than-expected
US employment-related data provided short-lived support, but yields ended the day in the red. Global indexes also fell, but Wall Street managed to bounce off lows ahead of the close.
The European Central Bank published the Accounts of its latest meeting, and as the US Federal Reserve did a day before, policymakers noted that