This 2-panel chart shows the relationship of (1) the number of US Covid cases (per million) with President Trump’s 2020 election polling and (2) the “spread” (US Covid cases minus European Covid cases) with the EUR/USD exchange rate. 

Source: DoubleLine

The dollar weakened as new cases from the coronavirus outbreak surged throughout America from June onwards. President Trump’s handling of the pandemic was also criticized which hurt his reelection chances. However, there is marked improvement on both measures in the


Source: Slate