Germany’s Merkel: Lockdowns, curfews vital to break the third wave

Dhwani Mehta FXStreet

Speaking before the parliament on Friday, Germany’s Chancellor Angela Merkel requested to grant her new powers, which would allow her to force coronavirus lockdowns and curfews on areas with high infection rates, per Reuters.

She added that a majority of Germans were in favor of stricter measures.

EUR/USD rebounds towards 1.2000

EUR/USD has caught a fresh bid in the European session, as the US dollar resumes its declines.

The euro is unperturbed by the concerns over rising coronavirus infections and vaccine rollouts. The spot was last seen trading 0.09% higher on the day, at 1.1976.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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