Mitigating measures taken in Spain, other European countries led to “very severe” disruption of economic activity, said the European Central Bank (ECB) Governing Council member Pablo Hernandez de Cos on Friday. He further calls for enhanced coordination at the European level to mitigate the impact of coronavirus. Additional quotes Asset purchase program to be completely flexible. Limits on asset purchases can be relaxed if needed. ECB to do ‘whatever it takes’ to respond to virus impact. EUR/USD reaction EUR/USD is reversing its recovery gains to now trade at 1.0775, still up 0.80% so far. The spot rebounded from a three-year low of 1.0653 and reached as high as 1.0832 before turning south again. The US dollar dynamics continue to lead the way amid further stimulus expectations and incoming coronavirus updates. 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. View All Post By FX Street FXStreet News share Read Next ECB’s stimulus package: Lagarde’s “Whatever it Takes” moment – UOB FX Street 2 years Mitigating measures taken in Spain, other European countries led to "very severe" disruption of economic activity, said the European Central Bank (ECB) Governing Council member Pablo Hernandez de Cos on Friday. He further calls for enhanced coordination at the European level to mitigate the impact of coronavirus. Additional quotes Asset purchase program to be completely flexible. Limits on asset purchases can be relaxed if needed. ECB to do 'whatever it takes' to respond to virus impact. EUR/USD reaction EUR/USD is reversing its recovery gains to now trade at 1.0775, still up 0.80% so far. The spot rebounded from a three-year low… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.