Coronavirus updates:
Daily deaths in Britain rose to almost 700. In the US, fatality is again close to 2,500 per day, which is the same as the highest figure recorded in April. Such data suggests that both the UK and the US have not completely passed the peak of the pandemic, so it is extremely dangerous to lift quarantine right now. Russia is also in second place in the highest number of new infections daily, at above 10 thousand per day, which also implies that lifting the quarantine will lead to more serious and terrible situations. New data in Russia will come out after 8:30 London time.
Meanwhile, the situation in mainland Europe is bright, as daily deaths record no higher than 330, which supports the gradual easing of quarantine and the launch of its economies.
EUR/USD: the euro declined on Wednesday morning in anticipation of a weak US labor market report. ADP will publish its report on April employment at 13:15 London time, the contents of which expects a figure of 21.5 million unemployed (unemployment rate of 16%).
Sell euros from 1.0725.
Buy euros from 1.1020.
