The dollar is relatively steady against the pound and euro, benefitting from its status as a safe-haven currency amid a global oil slump. Meanwhile, the House of Representative is set to pass the next coronavirus aid package today, which will see a further $500 billion in economic relief.
Debate over the country reopening from lockdown continues, with Donald Trump saying some states are relaxing restrictions, but some public health officials warning that this could be too soon.
Today’s initial jobless claims are expected to show a slight dip in the number of new claimants, although continuing claims are still forecast to reach new highs overall.
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