Markets have been shrugging off the storming of the Capitol by supporters of President Donald Trump. Investors focus on Democrats’ win of the Senate after the elections in Georgia, pushing stocks higher. The dollar is torn by a move away from the safe-haven currency and higher yields. Coronavirus and vaccine statistics and jobless claims are eyed. Britain is struggling more than other countries, yet it is ramping up its vaccine distribution. GBP/USD is trading below 1.36, also amid England’s strict lockdown. EUR/USD trades near-daily lows of 1.2293, down 0.24% on the day amid broad-based US dollar rebound, as the Treasury yields rally about 2% so far. The dollar index was down 0.1% at 89.472, still close to its overnight low of 89.206, a level not seen since March 2018. USD/JPY was up 0.2% at 103.29, with the yen underperforming with a fresh state of emergency for Tokyo and the neighbouring Saitama, Kanagawa and Chiba prefectures is due to be declared later in the day as Covid-19 cases rise.
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