 On Thursday, the Fed Chairman Jerome Powell announced a new approach to inflation that could keep rates lower for longer. Initial weekly U.S. jobless claims soared just over 1 million slightly down from the previous week and we found out that the second quarter GDP plunged by worst ever 31.7% as the economy went into lockdown. Switzerland's GDP fell by a negative 8.2% in the second quarter and Japanese banks credit costs could hit a crisis level, all thanks to the pandemic. Welcome to the Tick-Mail Update, I'm Canada and you're the founder of the Investiva Movement. Make sure to subscribe to the Tick-Mail YouTube channel and support us by liking and sharing this video with your forex trading friends. On Friday, we'll be eyeing Canada's GDP and the U.S. PCE price index for July. Today I'm looking at the dollar-cat pair which has been on a free fall since mid-July and is about to reach the pre-pandemic low of 1.30. If things don't start to look brighter, we could see the pair heading towards the 2.5-year low of 1.26. How low do you think the pair could go before seeing a correction? Head over to the comment section and let me know. Of course, trading in the financial markets involves a risk of loss and it should only trade the money that you can afford to lose. If you like this video, give it a thumbs up and subscribe to the Tick-Mail YouTube channel. I'll see you guys next week with more updates.