After a meeting of G20 financial leaders in Saudi Arabia on Sunday, the European Union (EU) Economic Commissioner Paolo Gentiloni offered some conciliatory remarks over a coronavirus outbreak in Italy. Key quotes “The EU has full confidence in the Italian authorities and the decisions they are taking.” “We share concern for possible contagion (but) there is no need to panic.” EUR/USD back in the red EUR/USD is under pressure amid increased haven flows for the US dollar, as China’s coronavirus outbreak is spilling over rapidly across the globe, with South Korea, Italy and Iran having reported a spike in the new cases over the weekend. At the press time, EUR/USD trades around 1.0820, down 0.20%, having failed the bounce near 1.0850. 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 EUR/USD trades below 200-HMA as Coronavirus grips Italy FX Street 2 years After a meeting of G20 financial leaders in Saudi Arabia on Sunday, the European Union (EU) Economic Commissioner Paolo Gentiloni offered some conciliatory remarks over a coronavirus outbreak in Italy. Key quotes “The EU has full confidence in the Italian authorities and the decisions they are taking.” “We share concern for possible contagion (but) there is no need to panic.” EUR/USD back in the red EUR/USD is under pressure amid increased haven flows for the US dollar, as China’s coronavirus outbreak is spilling over rapidly across the globe, with South Korea, Italy and Iran having reported a spike in the new… 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.
