The dollar was strong against the pound the euro yesterday, possibly due to continued safe-haven demand due to the coronavirus and a strong US economy. Despite reports that the number of cases have fallen, the World Health Organisation have warned that “every scenario is still on the table” in terms of the epidemic’s evolution.
Technology giant Apple announced overnight that it is likely to miss its Q1 targets for this year because of the reductions in production and supply of parts caused by the coronavirus situation in China.
After a US holiday yesterday, today is light on data, but there will be a speech from Federal Reserve Official Neel Kashkari.
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