US Official: US is considering new Covid measures for travelers from China

Anil Panchal FXStreet

Early Wednesday morning in Asia, Reuters came out with the headlines while quoting anonymous US official to suggest that the US is considering new Covid measures for travellers from China.

“The US government may impose new COVID-19 measures on travelers to the United States from China over concerns about the "lack of transparent data" coming from Beijing, U.S. officials said on Tuesday” mentioned the news.

Market’s optimism fades

Following the news, S&P 500 Futures tick down to print the mild intraday losses around 3,852, which in turn allows the US Dollar Index to remain firmer and extend the previous day’s recovery moves. However, a lack of major data/events challenge greenback’s immediate upside momentum.

Also read: US Dollar Index extends recovery above 104.00 amid strong US Treasury bond yields

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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