Biden's pick for Treasury Secretary, Janet Yellen, is expected to rule out seeking a weaker dollar when testifying on Capital Hill on Tuesday, the Wall Street Journal reported.
Trump bolstered a ban on US investments in Chinese companies deemed to be linked with the military by clarifying late on Wednesday that American investors cannot own them after November 2021.
Oil prices recovered after falling overnight because of concerns about increased supply and lower demand amid fresh COVID-19 travel restrictions around the world.