News

Australian PM Morrison: Covid situation in Brisbane is “serious”

Australian Prime Minister Scott Morrison expresses concerns over the worsening covid situation in the state of Queensland while announcing measures to curb the virus outbreak.

Key quotes

“Covid situation in Brisbane is "serious".”

“To require pre-flight covid testing on international flights.”

“To reduce caps by half on international arrivals to some states until Feb. 15.”

“Passengers on flights to Australia must wear masks.”

“International air crew to be tested in Australia on arrival.”

Earlier today, Queensland’s State Premier Annastacia Palaszczuk announced that Brisbane will enter a three-day lockdown after an employee at one of the city's quarantine hotels tested positive to the UK strain of COVID-19

Further, New South Wales recorded four locally acquired cases on Friday.

Separately, South Australia State Premier Steven Marshall also reiterated that Australia will roll out pre-flight covid testing for UK travellers.  

Market reaction

AUD/USD faces a double whammy amid fresh covid concerns and broad-based US dollar strength, thanks to the rally in Treasury yields amid reflationary trades.

The spot was last seen trading at 0.7754, down 0.15% on the day.

 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.