Search ForexCrunch

“We need a national lockdown to break the latest virus wave,” Germany’s Health Minister Jens Spahn said on Friday.  

Additional comments

“Current infection numbers yet to reflect actual virus situation.”

“Show a lockdown should massively limit mobility and last between 2, 4 weeks.”

“Night-time curfews might be necessary to reduce contacts.”

Market reaction

Talks about a national lockdown seem to be weighing on the euro, as the EUR/USD pair reverts to the daily lows of 1.1884, shedding 0.20% on the day.