The dollar is up but low against the pound, after optimism over a coronavirus vaccine trial by Moderna faded, with scientists saying the company has yet to produce data to support its claims of success with antibodies in humans.
In more positive news, Fed Chair Powell said yesterday that new lending programmes for companies and state/local governments will launch by 1st June.
Tomorrow will be an important day for data releases, with unemployment figures, manufacturing PMI, housing sales and consumer confidence.
