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.
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
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.