I am only one, but I am one. I cannot do everything, but I can do something. And I will not let what I cannot do interfere with what I can do.
The single currency staggered at $1.2150 on news that a $908 billion bipartisan COVID-19 relief plan will be split into two packages, raising hopes that at least a large part of the plan that already has bipartisan support will be approved.
The cable plummeted from $1.3446 to $1.333 after British Health Secretary Matt Hancock announced London would be placed into the toughest tier of coronavirus restrictions starting on Wednesday, amid a sharp rise in infection rates.
The Japanese yen cascaded from 103.50 to 104.11 against the greenback after Japan’s Nikkei suggested a six-month extension to the current corporate aid, currently about to expire on March 2021. Bank of Japan stimulus on Friday is eyed.
The Aussie slammed from $0.7580 to $0.7518 as China-state-owned media reported that the local power stations banned purchase of Australian coal, shrugging off RBA readiness to ease.
The South African rand staged a brief recovery to 15.04 per dollar as progress on the rollout of a COVID-19 vaccine lifted riskier assets globally.
The Mauritian rupee steadied at 40(selling) against the dollar on the domestic market.
11:00 - GBP - Average Earnings Index + Bonus
11:00 - GBP - Claimant Count Change (Nov)