The dollar is stronger this morning, benefitting from its status as a safe-haven currency. This comes as Eli Lilly put its coronavirus antibody test on hold due to safety concerns, after Johnson & Johnson paused its COVID-19 vaccine trial yesterday because of a participant’s unexplained illness.
After contracting coronavirus, President Trump is now back on the campaign trail. Opinion polls suggests Mr Biden has a 10-point lead over Mr Trump. However, his lead in some key states is narrower.
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.
