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14 Oct 2020

Coronavirus update UK: 19,724 new cases of COVID-19 confirmed on Wednesday

There were 19,724 new confirmed coronavirus infections in the UK as of Wednesday morning, the UK government data showed, per Reuters. This reading followed Tuesday's increase of 17,324.

Further details of the report revealed that there were 137 fatalities within 28 days of testing positive, compared to 143 on Monday.

Market reaction

These figures don't seem to be having a major impact on the British pound's performance against its rivals. As of writing, the GBP/USD pair was up 0.85% on the day at 1.3043.

Oct 14, 2020

EUR/USD extends gains to the 1.1770 area as US dollar retreats

The EUR/USD pair reached a fresh daily high at 1.1770 during the American session amid a decline of the US dollar across the board. The greenback is p
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Oct 14, 2020

NZD/USD climbs to fresh three-week highs, closes in on 0.6700

After fluctuating in a tight range near 0.6650 during the first half of the day, the NZD/USD pair gained traction in the American trading hours and cl
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