US President Joe Biden said on Monday that they could still see a setback in the US vaccination program and added some of the reckless behavior seen on tv in recent weeks point to more COVID cases ahead, per Reuters. “Letting up on COVID precautions is a bad thing, cases are going back up,” Biden added and called on all local leaders to reinstate mask mandates. Market reaction These comments seem to be weighing on market sentiment. As of writing, the S&P 500 Index was down 0.25% on a daily basis at 3,964. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY closes in on multi-month highs as 10-year US T-bond yield climbs above 1.7% FX Street 1 year US President Joe Biden said on Monday that they could still see a setback in the US vaccination program and added some of the reckless behavior seen on tv in recent weeks point to more COVID cases ahead, per Reuters. "Letting up on COVID precautions is a bad thing, cases are going back up," Biden added and called on all local leaders to reinstate mask mandates. Market reaction These comments seem to be weighing on market sentiment. As of writing, the S&P 500 Index was down 0.25% on a daily basis at 3,964. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.