Reuters has reported on the news that Spain has approved new criteria to restrict travel in and out of large cities with high coronavirus infection rates, mainly affecting Madrid and its metropolitan area, Health Minister Salvador Illa said on Wednesday.
''The new restrictions, to be enforced in the coming days, apply to municipalities with a population of more than 100,000 that meet certain epidemiological criteria.''
- ''Spain's Health Minister says that the government has approved new criteria to restrict travel in large cities with high coronavirus infection rates.''
- ''Spain's Health Minister says new coronavirus restrictions to be enforced in coming days, affect Madrid and 9 surrounding cities.''
However, in more recent news relating to the story, Reuters also reported that ''Madrid's regional authorities do not agree with the central government's plans to lock down the capital city in the coming days, regional health chief Enrique Ruiz Escudero told a news conference, saying the decision was not valid legally.''
''Escudero said the COVID-19 situation in Madrid was stabilising and added regional authorities were still open to dialogue with the central government,'' Reuters explained.
Such headlines go into the mix that has started to fray the bullish prospects for the euro.
In the above chart, the euro is under pressure at resistance and there are prospects to the downside vs the greenback the more the bulls fail at this critical zone.
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.