WH Adviser Navarro: Preparing for a second wave of virus – CNN

White House Adviser Peter Navarro appeared for an interview with CNN during the weekend. The Trump administration member suggested staying ready for the second wave of the coronavirus (COVID-19).

Key quotes

We are filling the stockpile in anticipation of a possible problem in the fall.

You prepare-you prepare for what can possibly happen. I'm not saying it's going to happen, but of course you prepare.

FX implications

The news adds a burden to the market’s risk-tone sentiment amid rising numbers in the southern US states. As a result, AUD/USD printed a gap-down opening to 0.6812 from 0.6835 at the start of Monday’s trading session.