The U.S. economic recovery will slow down if unemployed Americans and struggling businesses do not receive more assistance, Minneapolis Federal Reserve President Neel Kashkari said on Thursday. London enters a tighter COVID-19 lockdown from midnight, which with a curfew in Paris leaves two of Europe’s largest cities living under state-imposed restrictions. Risk sensitive currencies were hit hardest, with the Australian dollar dropping almost 1% on Thursday to a more than two week low of $0.7057. It has lost 2% for the week, weighed also by a dovish central bank speech.
EUR/USD Eyes on today U.S. Retail Sales data. The [...]