46% of hospital beds in Pair are now occupied by COVID-19 patients, the French Prime Minister noted on Thursday Jean Castex, As reported Reuters. “The only possible strategy of COVID is to stop the spread of the virus, it is not feasible to add more ICU beds,” added Castex. On Wednesday, French President Emmanuel Macron […]
Tag: Coronavirus
UK: Hancock says London will move to high alert level
The infection rate is increasing strongly in London and it has been decided to move the city to a maximum alert level , British Health Secretary Matt Hancock said while speaking in parliament on Thursday, Reuters reports. Additional comments: “It is working with local leaders in Essex y ElmbridgeThey are also moving to the maximum […]
USD / CHF rises near 0.9150, just below weekly highs
USD / CHF regains traction Thursday amid a strong rebound in USD demand. Risk-off sentiment benefits the safe-haven CHF and limits the pair’s gains. The pair USD/CHF has moved higher during the European session on Thursday and has risen near the 0.9150 region, just below the weekly highs reached the previous day. At the time […]
Gold remains stable near the $ 1,900 level
A modest pickup in USD demand puts some pressure on gold prices. A new downward movement in stock markets helps limit deeper losses. He oro moves slightly lower during the European session on Thursday, staying within the range of the previous day near the $ 1,900 level. The precious metal came under further selling pressure […]
France: There will be curfews in major cities starting Saturday for four weeks – Emmanuel Macron
French President Emmanuel Macron, announced Wednesday that they will begin imposing nightly curfews in major cities starting Saturday for four weeks to limit the spread of the coronavirus, Reuters reported. Additional conclusions “The situation of the COVID-19 pandemic is worrying.” “We have not lost control of the situation.” “We have to react. The second wave […]
USA: A Pre-Election Deal Is Tough – Steven Mnuchin
Stock prices turned lower after the United States Secretary of the Treasury Steven Mnuchin mention that the stimulus talks are still far apart. Speaking at the Milken Institute Global Conference, Mnuchin said that getting something done before the election is difficult. “We continue to make progress on certain issues.” The major Wall Street indices fell. […]
Coronavirus update UK: 19,724 new COVID-19 cases confirmed on Wednesday
There were 19,724 new confirmed coronavirus infections in the United Kingdom as of Wednesday morning, UK government data showed, according to Reuters. This reading followed Tuesday’s rise of 17,324. More details from the report revealed that there were 137 deaths within 28 days of testing positive, compared with 143 on Monday. Market reaction These figures […]
USD / CHF cuts initial modest gains, lateralized below 0.9150
USD / CHF struggled to capitalize on its modest initial gains to three-day highs. A dovish USD price action was seen as a key factor limiting the pair’s gains. The disappearance of the safe haven demand undermined the CHF and helped limit deeper losses. The pair USD/CHF cut out Modest initial gains at three-day highs […]
Facebook To Ban Anti-Vaccination Ads
Facebook announced the launch of its new global policy to ban ads that discourage people from getting vaccines. The social media company is also set to launch a new flu vaccine information campaign.
UK Implements New Restrictions For Lockdown As The Number Of COVID-19 Cases Surge In The Country
As the number of deaths keeps on doubling every fortnight in England, the government has introduced the “three-tier system” as a countermeasure with different levels of restrictions in different areas.
