The dollar is strong this morning, benefitting from its safe-haven status due to worries over a global rise of COVID-19 cases and the threat this could pose to economic recovery.
There has been a rise in cases in Southeast Asia, the US and in Europe, with cases in the US up 70% over the past week and deaths up 26%. Outbreaks have occurred in parts of the country with low vaccination rates.
This week, we will see jobless claims figures for the US on Thursday, followed by PMI data on Friday.
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