OctaFX | OctaFX Forex Broker
Open trading account
Back

EU's von der Leyen: Introducing restrictions on non-essential travel to EU for 30 days

The European Commission (EC) will introduce restrictions on non-essential travel to the European Union for 30 days, EC President Ursula von der Leyen announced on Monday.

Elsewhere, the German government has announced that federal and state governments have agreed upon guidelines that see everything from non-essential shops, including bars, clubs, theatres, museums, churches, shut down to slow the spread of the coronavirus.

Market reaction

Risk-aversion continues to dominate financial markets on Monday. As of writing, the Euro Stoxx 50 was down 6.15% on the day and Germany's DAX was erasing 4.7%.

Silver Price Analysis: XAG/USD decimated, trading into 11-year lows near 13.00 figure

XAG/USD fell dramatically sending the metal to its lowest since 2009. The market is currently bouncing slightly near the 13.00 figure however, XAG/USD remains
Read more Previous

USD/TRY: Near the boiling point – Rabobank

The Turkish lira illustrates well the incorrectness of the notion that the Fed cutting interest rates to zero will ease the selling pressure on EM cur
Read more Next
Start livechat