USD: Dollar weaker on stimulus hopes

The dollar is weaker this morning on hopes of a fiscal stimulus package to support the US economy. U.S. Treasury Secretary, Steven Mnuchin, said on Friday that the Federal Reserve and Treasury had many tools left to support the economy. He also said that he will attempt to agree on a draft package with the Democrats in the coming weeks.

PMI data will also be released for the US today, followed by durable goods orders and personal spending data on Wednesday.

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