Germany’s new infections rise to a three-day high, deaths jump
Forex News

Germany to further ease lockdown measures – Reuters

German 16 state premiers are likely to agree on further measures to ease coronavirus lockdown during a call with Chancellor Angela Merkel on Wednesday, Reuters reported, citing unnamed sources with the information.

Additional takeaways

German states to reopen large shops likely from May 11. 

To reopen schools for all grades with children only allowed to go to class in rotating shifts, not on daily basis.

To allow Bundesliga soccer league to resume matches from May 15 under strict conditions without fans in stadiums. 

Market reaction

The shared currency appears to benefit from the above headlines and broad US dollar weakness, as EUR/USD keeps its recovery gains intact above 1.0900.

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