Coronavirus is rearing its ugly head for the start of the week

Ross J Burland FXStreet

Coronavirus is rearing its ugly head in the financial markets space once again for the open this week with an urgent alert for Sydney Airport that was recently announced after a confirmed case of Covid-19 spent five hours in the food court, as 13 new exposure sites are revealed.

The Urgent alert for Sydney airport comes after a positive case spent five hours in the food court. The NSW Health has announced 13 new exposure sites, including busy train routes.

Meanwhile, in other related news, Sajid Javid has been appointed as the new Health minister in Boris Johnson's government. The Telegraph reports that he is aiming for a July 19 reopening. ''New Health Secretary concerned over threat to economy and society of prolonged restrictions...Sajid Javid is to push for the lockdown to end “as soon as possible” over fears of the "cost" of shutting down the economy....''

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GBP/USD Price Analysis: Bulls battle against gravity

GBP/USD is attempting to stabilise while the Aussie is back to flat after a bearish opening gap.

AUD/USD 5-min chart:

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Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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