Germany's Merkel: Big gatherings banned until August 31
|Playgrounds, museums and galleries can be reopened with conditions set by individual states, German Chancellor Angela Merkel announced on Tuesday and added that big gatherings will be banned until the end of August.
Additional takeaways
"Must remain disciplined on social distancing."
"Should infection curve pick up again, we must be ready to react, federal government and states agree on this."
"Further package of opening measures will be announced on May 6."
"Will decide on May 6 under which conditions schools, kindergartens and sport are possible."
Market reaction
The EUR/USD, which spiked to a two-week high of 1.0972 into the London fix, was last seen up 0.65% on the day at 1.0944.
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.