US President Trump: Want to reopen country, it is much danger in being confined too much
|During his regular coronavirus Task Force Briefings, US President Donald Trump reiterated his call to start the economy with the target date being as soon as possible. The Republican leader also hints at aid for the oil industry.
Key quotes
Want to reopen the country, it is much danger in being confined too much.
There will be an announcement shortly on aid to the oil industry.
Market implications
The news helps to keep the market’s risk-on sentiment with the active pair during this time, early Asian session on Thursday, AUD/USD, refreshing seven-week high to 0.6560. It’s worth mentioning that WTI closed near $15.35, up over 24.00%, by the end of Wednesday’s session.
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.