In an interview with the Italian Corriere della Sera newspaper, Prime Minister (PM) Conte said Italy will remain under lockdown beyond previous deadlines due to expire later this month and in early April.
He further said that the measures taken to close schools, universities and to impose severe restrictions on movement would have to be prolonged.
- ESCB intervening through Bank of Italy to ensure orderly market conditions – Reuters
- Coronavirus update: US cases jump 66%, UK death toll up 48%, Lombardy deaths rise 20%
EUR/USD reaction
EUR/USD remains pressured near 1.0850 amid the latest ECB’s bond-buying announcement while broad dollar demand also adds to the downside in the spot.
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