Back in April, the headlines were that the virus has now killed more than 40,000 people in the US.
Now, two months later, with a death toll of 129,000, we are informed by Reuters that US coronavirus cases have instead risen over 40,000 for the 5th time in the past 6 days.
The headline coincides with infectious-disease expert Anthony Fauci saying we could be seeing as much as 100,000 cases a day if the current trajectory of the outbreak is not changed.
His comments were made during an appearance before the Senate Health, Education, Labor, and Pensions Committee and came as the number of new cases in some Southern and Southwestern states have soared.
There is a focus on the dollar and US stock markets, both of which could be regarded as in a bubble on the verge of popping.
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.