The Dollar weakened markedly against the Euro (-0.6% towards 1n184) but remained stable against the Yen, Pound Sterling and Swiss Franc.

It is therefore a purely EU/USA question and which can hardly be explained by a remuneration advantage in favor of the greenback, then its yield progresses almost identically compared to that of the euro: the T-Bonds show + 2.8Pts at 0.7900% and 0.598% respectively.

The news remains dominated by the suspense around the adoption of a 'stimulus package': Nancy Pelosi, the Democratic President of the House of Representatives, had given her troops 48 hours on Sunday to conclude an agreement with the Republican group.
Contradictory statements collide: Trump is in favor of a compromise, influential Republican members of Congress (Ted Cruz in particular) consider an agreement unlikely... but Wall Street and currency traders seem to estimate this evening that the balance is tilting in favor of an agreement, which will weigh on the Dollar.

Today's US figure does not justify the drop in the dollar: housing starts rose only 1.9% in seasonally adjusted data last month according to the Commerce Department.

This still represents 1,415,000 new constructions at an annualized rate, but it is lower than the consensus which was targeting 1,451,000.

The number of building permits, supposed to prefigure future housing starts, rose by 5.2% to 1,553,000, a level higher than the average estimate of economists, which was 1,525,000.