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Share: Central banks reaffirmed the need for monetary policy in a pandemic context. US employment-related data came in worse than anticipated. EUR/USD lacks bullish potential in the near-term, needs to regain 1.2100. The EUR/USD pair edged higher on Thursday, as demand for the greenback somehow receded.  The risk-related sentiment turned sour and Wall Street plummeted after its overseas counterpart traded dully. Optimism faded after the European Central Bank published the Meeting Accounts, as policymakers noted that ample monetary stimulus remains essential, pretty much the same stance the US Federal Reserve offered a day before. Softer Treasury yields also played their role, pushing the dollar lower.

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