Home Record numbers of new coronavirus in Europe put nations on lockdown
FXStreet News

Record numbers of new coronavirus in Europe put nations on lockdown

European countries are reporting record numbers of new coronavirus cases as the continent prepares for the pandemic to intensify through winter.

Europe’s second wave of the coronavirus pandemic is accelerating, forcing countries to impose ever-more social-distancing rules in a bid to avoid a return to full-blown lockdowns.

On Sunday, France announced a daily record for coronavirus infections.

The nation has confirmed infections reaching over 52,000 compared with around 85,000 confirmed cases in the U.S. on Saturday, whose population is around five times bigger.

The news could be a blow for the euro bulls as the currency trades lofty heights on its northerly trajectory in the 1.1850 area. 

Spain has announced a national state of emergency and has imposed a night-time curfew in an effort to help control a new surge in infections.

The curfew, between the hours of 23:00 and 06:00, would come into force on Sunday.

In Italy, new restrictions were also announced over the weekend.

The nation’s government explained that the steady rise in cases is creating a huge strain on the country’s health services.

Chart tracking cases in five major European countries

World Health Organization (WHO)’s data shows that Sunday was the third consecutive day to see a record high in reported infections – with 465,319 cases confirmed.

EUR/USD update

  • EUR/USD recent highs in focus on critical week

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.