The dollar is slightly weaker this morning, however it’s thought that rising infection rates will keep it buoyant. The contrast between vaccine hopes and rising infection rates could continue to impact the dollar.
Jobless claims figures for the US were released yesterday, with the 4 week moving average showing that claims dropped to 755.25 thousand in the week ending November 7th, the lowest level since the negative effects of the coronavirus pandemic started to be felt in late March.
Today, consumer sentiment figures will be released from the US and there will be speeches from two Federal Reserve officials.
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