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EUR/USD climbs to daily highs around 1.2210, dollar deflates

5/20/2021 1:49:02 PM GMT | By Pablo Piovano EUR/USD picks-up extra pace beyond 1.2200. The greenback loses further momentum and lifts the pair. US Initial Claims rose by 444K, Philly Index came in at 31.5. The optimism has returned to the single currency and now pushes EUR/USD back above 1.2200 the figure, clinching at the same time new daily highs. EUR/USD in recovery-mode EUR/USD continues to reverse Wednesdayโ€™s retracement and it has already regaine...
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