US President Trump: 40% of counties have seen decline in new coronavirus cases

Anil Panchal FXStreet

During his regular coronavirus (COVID-19) taskforce briefings, US President Donald Trump mentioned that over 40% of counties have seen a decline in new COVID-19 cases.

Key quotes

40% of counties have seen a decline in new coronavirus cases.

We’re very close to a vaccine.

To keep the momentum against coronavirus, every American needs to maintain social distancing and voluntary use of face covering.

May need to extend social distancing guidelines to early summer.

Will be extending distancing guidelines until we feel safe.

FX implications

As the voting on the $484 billion stimulus continues in the House, the market seems to await the final results, most likely passed, while paying a little heed to the news so far during the early Asian session on Friday.

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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