Germany reports biggest daily spike in death to date, total number exceeds 100,000

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According to the German Center for Disease and Epidemic Control, the Robert Koch Institute (RKI), the number of confirmed cases of coronavirus has risen to 103,228, with a total of 1,861 deaths reported on Wednesday.

Cases increased by 4,003 in Germany, breaking five consecutive days of decline. The death toll rose by 254, signaling the largest daily peak since the epidemic hit Europe’s most powerful economy last month.

Wieler of the German Institute of Public Health said that Germany is still at the start of the pandemic.

EUR / USD reaction

Viral updates have no negative impact on the shared currency as the EUR / USD attempts to recover from the daily lows of 1.0859. The focus is now on the dollar price action before the FOMC minutes.

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