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The latest data published by Florida state’s health department revealed that the confirmed coronavirus cases on Thursday surged by 10,109, or 6.4%, to a total of 169,106. This print marked the biggest single-day increase since the pandemic started.

“In June, Florida infections rose by 168% or over 95,000 new cases,” Reuters reported on the matter. “The percent of tests coming back positive has skyrocketed to 15% from 4% at the end of May.”

Market reaction

This development seems to be weighing on market sentiment and ramping up the demand for safe-haven greenback. As of writing, the US Dollar Index was up 0.1% on the day at 97.24.