Here is what you need to know on Friday, February 21st: Risk-off led the way. Coronavirus concerns exacerbated by multiple companies warning on sales results and an increased number of cases in China’s neighbour countries. The dollar remained the strongest, although the EUR/USD pair spent the day consolidating just below 1.0800 for a second consecutive day, as extreme oversold conditions made bears hesitate. The GBP/USD pair fell to a fresh 2020 low of 1.2848, later stabilising around 1.2880, despite upbeat UK Retail Sales. USD/JPY hit 112.22 a multi-month high to finally settle just above 112.00. The Japanese yen was hit by fears of a technical recession, losing its safe-haven appeal. AUD/USD fell to 0.6609, its lowest in over a decade after the Australian unemployment rate jumped to 5.3%. Gold prices extended their run to levels last seen in February 2013 holding on to gains around $ 1,620.00 a troy ounce. Crude oil prices edged higher after the EIA has reported a build in US crude oil inventories of 414,000 barrels, much better than the 2.494 million increase expected. High-yielding equities closed in the red as more big names keep trimming sales forecasts on the back of the coronavirus outbreak. Crypto Today: Bitcoin bears breach critical supporting trend line FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Chinese experts warn coronavirus may turn into a chronic disease – People’s Daily FX Street 2 years Here is what you need to know on Friday, February 21st: Risk-off led the way. Coronavirus concerns exacerbated by multiple companies warning on sales results and an increased number of cases in China’s neighbour countries. The dollar remained the strongest, although the EUR/USD pair spent the day consolidating just below 1.0800 for a second consecutive day, as extreme oversold conditions made bears hesitate. The GBP/USD pair fell to a fresh 2020 low of 1.2848, later stabilising around 1.2880, despite upbeat UK Retail Sales. USD/JPY hit 112.22 a multi-month high to finally settle just above 112.00. The Japanese yen was hit… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.