The dollar has strengthened this morning after a big sell-off of US treasury yields yesterday. Market confidence is increasing as the global economy seems to be bouncing back faster than expected.
Durable goods orders, which includes machinery and electronics, increased by more than anticipated in January.
The US saw further positive news, with initial jobless claims falling to 730,000, the lowest figure in three months. However, this data does not include those using the PUA programme, such as freelancers and the self-employed.
Later today, data will be released regarding personal income and personal spending in the country in January.
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