The latest coronavirus stats from the Spanish government disappoint again, with the number of new confirmed cases accelerating while the daily death toll hits a new high.
With 849 new deaths reported, the total mortalities reach 8,189 as of Tuesday.
Meanwhile, the number of confirmed cases has risen to 94,417 from Monday’s 85,195 yesterday, marking a jump of nearly 11%.
Spain's total number of coronavirus cases has already surpassed those reported in China.
- Germany’s RKI Chief: Optimistic about flattening the coronavirus curve
- Italy may extend coronavirus lockdown until May 4 – La Stampa
EUR/USD implications
Despite a regression in the new cases in Italy, the worsening situation in Spain adds to the bearish momentum seen around the shared currency, with EUR/USD printing a new session low of 1.0967, at the moment.
The downbeat Eurozone inflation numbers and broad US dollar demand further collaborate with the pair’s downside.
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