The US dollar fell from a three-month high last Friday. Analysts believe that the US non-farm payrolls report last month was mixed. The report shows that the overall data is healthy, but there are some weaknesses. The dollar index fell 0.375 points or 0.4 percent to 92.222, previously gaining a three-month high of 92.759.
America is perhaps one of the most affected places in the world when it comes to COVID-19. While the reason behind this is open to debate (and not something we’re going to engage in), there is no doubt that significant damage has been done to the country.
When G7 Foreign and Development Ministers meet in London this week they will discuss investing $15 billion in developing countries in the next two years. This development fund will help women access jobs and build resilient businesses to combat the devastating economic impacts of COVID-19.