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The coronavirus situation in France has been going the “wrong way” for the past two weeks, French Prime Minister (PM) Jean Castex said on Tuesday.

“Country will reach a nationwide high alert level this week,” Castex added and noted that they will intensify measures in France’s 20 biggest cities. “If we don’t collectively react, we’ll be at risk of a pandemic resurgence that will be difficult to control.”

Market reaction

The EUR/USD pair largely ignored these comments and was last seen gaining 0.35% on a daily basis at 1.1778.