Germany’s Spahn: Coronavirus situation is worrying but can cope with current cases


Germany’s Health Minister Jens Spahn said on Monday, the coronavirus situation across Europe is worrying but added that the country can cope with the current cases.

Additional quotes

“Virus infection dynamic in Europe is worrying.”

“Virus cases in France, Netherlands, Austria is worrying.”

This comes after the Robert Koch Institute (RKI) confirmed on Monday the new infections rose by 922 to 272,337 while no deaths were reported.

EUR/USD keeps the green

Despite the worrying virus situation in the bloc, EUR/USD holds the recent upside above 1.1850.

The spot adds 0.20% to trade at 1.1859, as we write.

Share: Feed news

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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended content

Editors’ Picks

USD/JPY remains confined in a range after BoJ's inaction

USD/JPY remains confined in a range after BoJ's inaction

USD/JPY edges lower after the BoJ, as was widely anticipated, decided to leave its monetary policy settings unchanged amid a rare political turmoil in Japan after Sunday's snap elections. The downside remains cushioned amid doubts over the BoJ's ability to hike interest rates further and the emergence of some USD dip-buying, bolstered by bets for a slower path of rate cuts by the Fed.

USD/JPY News
AUD/USD loses ground following data from Australia, China

AUD/USD loses ground following data from Australia, China

The Australian Dollar edges lower following the release of mixed economic data from Australia and China’s NBS PMI on Thursday. However, hawkish expectations for the Reserve Bank of Australia's policy outlook continued to support the Aussie Dollar and limit the downside of the AUD/USD pair.

AUD/USD News
Gold price remains close to record high amid US election jitters, geopolitical risks

Gold price remains close to record high amid US election jitters, geopolitical risks

Gold price edges lower during the Asian session on Thursday amid a further rise in the US Treasury bond yields. Any meaningful corrective decline still seems elusive in the wake of the US political uncertainty and Middle East tensions, which might continue to benefit the safe-haven precious metal.

Gold News
MicroStrategy set to raise $42 billion over 3 years to buy Bitcoin

MicroStrategy set to raise $42 billion over 3 years to buy Bitcoin

MicroStrategy released its third quarter financial report on Wednesday. The report revealed its 17.8% BTC yield year-to-date and discussed the company's plan to raise $42 billion to acquire more of the top cryptocurrency.

Read more
German economy surprises in the third quarter

German economy surprises in the third quarter

The German economy avoided a technical recession in the third quarter, showing unexpected growth. However, this does not change the fact that the economy remains stuck in stagnation.

Read more
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

Forex MAJORS

Cryptocurrencies

Signatures