It seems that the second wave of the pandemic is much stronger than the first. According to the latest data, the United States has recorded a new peak in daily incidence at 73 thousand. If added with the number of cases in the two other leaders, Brazil and India, the number of infections total to almost half of all the cases around the world.
In addition, South Africa is quickly catching up in the number of coronavirus infections.
Meanwhile, the government of Israel re-enforced strict quarantine measures in the country in attempt of de-escalating the situation.
The growth in the US market halted due to the weak US employment data that was published on Thursday. According to the report, unemployment fell by about 240 thousand, but is much better than the record last week.
EUR / USD – the euro arose amid the decision of the ECB to inject liquidity through its 1.35-trillion program that will be valid until at least June 2021.
It is now in an upward trend so buy positions from the level of 1.1345, targeting the level of 1.1500.
The material has been provided by InstaForex Company – www.instaforex.com