Jan 12, 2021
The German Chancellor Merkel said that she expects the lockdown to last until April, per Bild.
On January 5, Merkel confirmed that they will be extending the lockdown until January 31.
EUR/USD reverses gains
EUR/USD pares back gains following Merkel’s remarks, now trading flat at 1.2151, having daily highs at 1.2179.
Courtesy of the Forex Mix