The dollar is weak this morning against a variety of currencies due to a combination of vaccine policy and expectations of more monetary easing from the Federal Reserve.
Chair of the Federal Reserve, Jerome Powell, will testify in front of Congress tomorrow and Wednesday. Jobless claims figures will also be closely watched, as well as Non-Farm Payrolls on Friday, which are a good indicator of how the US economy is performing.
President elect Joe Biden has begun to put his cabinet together, which includes the former aides to Barack Obama and Hilary Clinton.
