The US dollar had a positive day yesterday, strengthening against almost all major currencies, especially those based on commodities.
The dollar is continuing to benefit from the $1.9trillion stimulus package being passed last week as the economy begins to reopen, with almost a quarter of the population vaccinated and new Covid-19 cases down 21% over the past fortnight.
It was also revealed that states have fared better for tax revenue than expected over the past year, collecting almost as much in 2020 as in 2019, depending on how you count it.
There is little on the docket today, but plenty for the markets to chew on tomorrow, including Markit PMI and various speeches by Fed Reserve MPC members.
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