The US dollar has fallen against the pound this morning after oil prices dropped to a historic low. The Chicago Federal National Activity Index has also downward pressure on the greenback amid a drop to its lowest level in eleven years, reversing last month’s gains.
America is still under pressure, too, over its coronavirus response, with protests to end lockdown hitting some states. Balancing economic activity with public safety – and public opinion – means there is plenty of uncertainty ahead for investors yet.
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