The dollar has continued to weaken this morning as hopes for a stimulus package from Congress increase. Support is growing for the bill, which has now been slimmed down in order to push it through.
The proposal was originally a $908 billion package, but this has now been split into two parts. It is hoped that the first part will be approved by the end of the week.
All eyes will be on the Federal Reserve today as they conclude their latest monetary policy meeting. The markets will be looking out for any changes to their bond buying programme, as well as any comments on the state of the US economy.
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