Despite new covid19 cases in New Zealand and China and worries about the #Second_wave of covid19, Larry Kudlow, Director of the United States National Economic Council has said this time there wont be an economic shutdown in the US.


Of course this all depends on number of cases and how the situation develops. But for now its safe to say that US government is going all-in and doing everything in their power to support the ecnomy.


For us in Forex market, I think medium to long term analysis should favor more weakness in USD (from feds pumping new bills into market)
With Federal reserve helping central banks of other countries.. USD cant hold its strength much longer.