As per the latest figures from the German disease and epidemic control center, Robert Koch Institute (RKI), the number of confirmed coronavirus cases rose to 172,239, with a total of 7,723 deaths reported.
Market reaction
Following the news, market’s risk-off tone gained additional strength, which in turn offered fresh bids to the US dollar. While portraying the same, EUR/USD extends the previous day’s losses to 1.0807, fresh two-day low. Traders are now waiting for the German Harmonized Index of Consumer Prices for fresh impulse.