Iran confirms 22 new coronavirus deaths, 141 total cases


Iran state news agency, IRNA, reports 22 new coronavirus deaths while a total of 141 cases confirmed.

Meanwhile, Kuwait’s Health Ministry official said that the country now has 43 confirmed cases of coronavirus, adding that all the cases involved people who had been to Iran.

Iranian officials on Wednesday reported a total of 139 cases of coronavirus and 19 deaths, per Reuters.

Earlier today, Estonia and Denmark reported the first coronavirus case while Iraq reported its sixth case.

Risk-off eases ahead of EU open

Markets remain on the edge amid growing coronavirus pandemic fears across the globe and its eventual impact on the global economies.

At the time of writing, the US 10-year Treasury yields have bounced-off all-time lows, as the US equity futures trim losses. However, the greenback remains in lows across its main peers, in light of US President Trump’s response to the coronavirus spread in the US.

Meanwhile, USD/JPY is seen extending the bounce above 110.00 while the Aussie advances further beyond 0.6550.

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

AUD/USD remains under pressure above 0.6400

AUD/USD remains under pressure above 0.6400

AUD/USD managed to regain some composure and rebounded markedly from Tuesday’s YTD lows in the sub-0.6400 region ahead of the release of the Australian labour market report on Thursday.

AUD/USD News

EUR/USD holds above 1.0650 amid renewed selling pressure in US Dollar

EUR/USD holds above 1.0650 amid renewed selling pressure in US Dollar

The EUR/USD pair edges higher to 1.0672 on Thursday during the early Asian session. The recovery of that major pair is bolstered by renewed selling pressure in the US Dollar and a risk-friendly environment.

EUR/USD News

Gold retreats as lower US yields offset the impact of hawkish Powell speech

Gold retreats as lower US yields offset the impact of hawkish Powell speech

Gold prices retreated from close to weekly highs during the North American session on Wednesday amid an improvement in risk appetite. The bullish impulse arrived despite hawkish commentary by US Federal Reserve officials. 

Gold News

OMNI post nearly 50% loss after airdrop and exchange listing

OMNI post nearly 50% loss after airdrop and exchange listing

Omni network lost nearly 50% of its value on Wednesday after investors dumped the token following its listing on top crypto exchanges. A potential reason for the crash may be due to the wider crypto market slump.

Read more

US stock continue to stumble as traders rethink rates

US stock continue to stumble as traders rethink rates

US stocks grappled with uncertainty on Wednesday in the wake of a cautious string of commentary from the US Federal Reserve officials. The S&P 500 is currently experiencing its longest non-bullish streak in months.

Read more

Forex MAJORS

Cryptocurrencies

Signatures