FX

Coronavirus update: Germany’s new infections rise by 1,449, highest in three months

The number of confirmed coronavirus cases rose to 221,413 with a total of 9,225 deaths, as reported by the German disease and epidemic control center, Robert Koch Institute (RKI), on Friday.

Cases increased by 1,449 in Germany on Friday versus Thursday’s +1,445. The death count rose by 14, the tally showed.

The total active cases are now closing in on the 12K mark.

On Thursday, Germany’s Health Minister Jens Spahn said that they are worried about the rise in the coronavirus cases but are confident about the health system.

EUR/USD flatlined above 1.1800

EUR/USD is trapped in a narrow range above 1.1800, as the US dollar clings onto the overnight gains despite a minor retracement in the Treasury yields.