After a surge in bond yields yesterday, the dollar has since lost some of its strength as yields start to ease. The initial rise in bond yields was a result of ‘dovish’ comments from the Federal Reserve in its monetary policy meeting on Wednesday.
In terms of vaccinations, the US is on track to jab 50% of people by the middle of May.
Much to the surprise of markets who had predicted a drop, US jobless claims rose by 45,000 last week.
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