The dollar has strengthened slightly against the euro this morning.
There was no substantial change in the number of Americans filing for unemployment benefits last week, with initial jobless claims falling by just 1,000. Nonetheless, this was a new pandemic low. With the ball firmly in the court of job seekers, it seems employers are keen to hold onto their employees.
Meanwhile, the Philadelphia Fed Manufacturing Index rose to 39 in November, the strongest growth in factory activity in Philadelphia since April.
Today, there will be more speeches from Federal Reserve officials. Markets will be listening for any hints that the Fed could hike interest rates sooner than other central banks.
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