DXY: US dollar index falls ahead of housing starts data

The US dollar index (DXY) is down slightly as the number of Covid-19 cases continue rising and as the White House and Democrats continue talking about stimulus. The index is trading at 93.40, which is higher than yesterday’s low of $93.20. Stimulus doubts remain The US is in an urgent need for another stimulus as the number of Covid-19 cases continue rising. Yesterday, the number rose by more than 47k bringing the total number of confirmed cases to more than 8.1 million. More than 220k people have died from the illness and experts believe that the situation will worsen ahead