US Pres. Trump: Congress has agreed to provide $8 bn to fight Coronavirus, great news
|The US President Trump tweeted out earlier on Thursday, applauding Congress’ response in battling the coronavirus outbreak.
Trump tweeted: “Congress has agreed to provide $8 Billion to fight Coronavirus! This means @CDCgov, @HHSGov, and @DHSgov will have the resources they need to Keep America Safe and keep the risk to workers and families very low. This is great news for our Health, our Economy, and our Nation!”
US dollar index remains subdued in Asia
The greenback trades modestly flat vs. its main competitors despite the uptick in the US Treasury yields, as growing coronavirus risks in the US dampen the sentiment around the buck. Also, the emergency Fed rate cut continues to cast a shadow on the US currency.
The US dollar index in low near 97.30, having failed to sustain the recovery above 97.50 in the overnight trades.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.