Home Coronavirus update: Germany’s new infections snap three-day declining trend
FXStreet News

Coronavirus update: Germany’s new infections snap three-day declining trend

According to the German disease and epidemic control center, Robert Koch Institute (RKI), the number of confirmed coronavirus cases rose to 127,584, with a total of 3,254 deaths reported on Wednesday.      

Cases increased by 2,486 in Germany, snapping the three-day declining trend. The death toll jumped sharply by 285, higher than Tuesday’s 180 increase. 

EUR/USD reaction

With the US dollar recovering ground across the board in early Europe, EUR/USD is printing fresh daily lows near 1.0970 after facing rejection near 1.0990 levels. The virus stats seem to have little impact on the common currency.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.