Last Friday, USD weakened against all major currencies after a risk-on mentality of market participants was sparked by President Trump’s announcement that some parts of the U.S. will be opening up, allowing some states and employers to drop most social distancing practices within four weeks. Also, positive partial data from experimental drug trials on severely ill Covid-19 patients at the University of Chicago hospital was reported by a health-oriented news website last Friday, creating an optimistic view on a possible vaccine.