The dollar is still suffering this morning as the optimistic ‘risk-on’ mood in the markets reduces the need for the world’s safe-haven currency.
A stimulus bill to help the US economy appears to be within reach, however, lawmakers are clashing over the role that the Federal Reserve will play. It’s thought that talks could go into the weekend, despite Congress stopping for Christmas recess from today.
The number of jobless claims in the US rose to 812.5 thousand in the week ended December 12th, from a revised 778.25 thousand in the previous period. This comes has the coronavirus pandemic continues to affect businesses in the US.
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