White House Adviser Larry Kudlow recently crossed wires, via Fox Business Interview, when he tried to sell the idea of reopening the US economy in the next few weeks.
Key quotes
Sees big rebound for the US economy if reopens over the next few weeks.
Supports the need for an infrastructure bill.
May will be the transitional month in a fight over the virus.
China will be accountable for the virus at some point.
FX implications
Being the initial minutes of the Asian start, the news failed to offer a much reaction unless ticking up the AUD/USD five pips to 0.6375 by the press time.
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