The dollar is stronger this morning, as investors opt for safe-haven currencies on news of a new strain of the COVID-19 virus. It has strengthened against both the euro and the pound.
After months of discussions, lawmakers have agreed to an approximately $900bn (£660bn) stimulus package of pandemic aid, which will support businesses, unemployment programmes and households across the US. The House of Representatives and the Senate are expected to vote this today. It will then need to be signed into law by outgoing President Trump.
Consumer spending and jobless claims figures will be released for the US this week, amongst a host of economic data.
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