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Jobless Claims Surprise Estimates

The US index fought back yesterday as it closed 0.25% higher towards the 93 handle.

A stalemate in stimulus negotiation talks boosted the dollar, whilst initial jobless claims fell which added more positivity towards the greenback.

Trump and Biden traded blows as the final televised presidential debate came to a close. With less than two weeks until the nation turns to the polls, will this be the end of the verbal abuse?

PMI data later today will give an indication of to what extent the service sector has stalled in its recovery.

Second Wave Weakens Recovery

The euro closed 0.35% lower on Thursday as it began to lose its grip on the 1.18 handle.

The eurozone region’s recovery is faltering due to the continuous surge in coronavirus cases.

France is the next county to impose heavier curfews on more cities as record infection rates rise to over 41,000.

Chancellor Gives in to Support Pressure

The pound ran out of steam yesterday as it closed 0.51% lower,...

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