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During his routing daily Coronavirus Task Force Briefings, US President Donald Trump struck cautiously optimistic statements while seeing glimmers of hope and citing the progress on anti-corona vaccine.

Key quotes

US being hit hard by coronavirus right now.

See glimmers of hope despite very painful week.

We’re working quickly to find an anti-corona vaccine and it may take a while.

FX implications

Following the latest step back in the market’s risk-on sentiment, measured comments from US President offered additional reason to worry for the traders. Though, early-Asian trading hours restricted the reaction to the news.