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According to the latest data from the German disease and epidemic control center, Robert Koch Institute (RKI), the number of confirmed coronavirus cases rose to 179,002, with a total of 8,302 deaths reported on Friday.

Cases increased by 432 in Germany on Tuesday versus Monday’s +289. The death toll rose by 45, the tally showed.

The institute estimates the virus reproduction rate (R-value) stays below the 1.0 key level, estimated at 0.83 as of Monday. `

The total estimate of about 162,000 persons has recovered as of the latest update.

EUR/USD challenges highs on 1.0900

EUR/USD holds the higher, challenging the daily tops of 1.0920, as the US dollar retreats across the board amid a risk-on market profile. The drop in the German virus reproduction rate could likely bode well for the euro.

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