investingLive Americas FX news wrap 21 Aug: Trump folds on beef tariffs.

Nasdaq and S&P indices are settling between risk/bias defining MAs as the week comes to a close Baker Hughes rig count -5 at 588 European stocks rebound Friday, but weekly losses dominate Brazil's Lula and US Pres. Trump held phone call on Friday. Gold surges and breaks away from its 200 day MA SNB Tschudin: Swiss inflation is low because of low inflation expectations Trump: Gets rid of 26.4%…