The dollar has started the week up against the pound, as lockdown begins to lift in more states, although concerns remain over the spread of the virus. However, there is still plenty of uncertainty, not least as the US and China ramp up tensions once more, with Secretary of State Pompeo saying on Sunday that he has evidence that the virus began in a laboratory in Wuhan.
US oil prices have also fallen to a low this morning, amid falling demand. Today, we will see US factory orders, which are also expected to drop to a low of almost -10%.
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