The dollar is strong against the euro and weaker against the pound this morning. It is still benefitting from its safe-haven status due to global economic worries and nerves over the political situation in the US.
Presidential candidates Joe Biden and Donald Trump are due to engage in a final debate this Thursday. Biden still leads in the polls, however, only has a narrow lead in key swing states.
House Speaker Nancy Pelosi said yesterday that she was optimistic that legislation on a wide-ranging coronavirus relief package could be pushed through before the election. She has announced that if a deal is to be struck before the election, it must be agreed upon in the next 48 hours.
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