The dollar remains strong against a basket of currencies this morning due to expectations for strong economic growth.

President Biden revealed his $2 billion plan for infrastructure yesterday, which pumps more money into the economy after the $1.9 trillion stimulus package. There are already signs that the economy is recovering due to the robust vaccine programme.

Data released yesterday showed that private businesses hired 517,000 workers in March of 2021, which beat market expectations and is the highest increase in 6 months.

Tomorrow, Non-Farm Payroll data will reveal more about employment in the US.

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