The dollar has recovered slightly this morning as the euro fails to see any boost from falling Covid-19 cases.

The Federal Reserve has said that it could potentially review its asset purchase programme soon but would ensure a “soft landing” so as not to affect economic recovery.

Initial jobless claims will be released later today and are expected to fall.

Markets will also be keeping a close eye on several other US data releases today including GDP and Durable Goods Orders.

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