May 4, 2021 22:11 GMTFXStreet News What you need to know on Wednesday, May 5: The American dollar was the overall winner this Tuesday, advancing against most of its major rivals. The greenback got boosted by local data suggesting continued economic improvement, but also by comments from US Treasury Secretary Janet Yellen, who said that “interest rates will have to rise somewhat to make sure that our economy doesn’t overheat.” Yellen will participate in another event early in the upcoming Asian session, and her words my spur additional dollar gains. EUR/USD ended the day just above the 1.2000 level. Brexit returns to the spotlight. The pound remained subdued and closed the day sub-1.3900 against the greenback. The