Germany’s Merkel: We can't offset all economic impact with state intervention

The economic impact from the coronavirus pandemic cannot be offset with state intervention, said the German chancellor, Angela Merkel while speaking at a news briefing on Wednesday.

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“Coronavirus vaccine should be made globally.”

“As autumn is coming, we stand before a tough phase on the coronavirus.”

“German health system has proven to be extraordinarily robust.”

GBP/USD at risk of losing the 1.28 level

GBP/USD remains in the red, down -0.3% to 1.2825, while Wednesday's 4-hour chart is painting a mixed picture. Resistance is seen at 1.2870 whereas sup
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USD/JPY: Rebound to fail at the 105.90 three-month downtrend – Commerzbank

The USD/JPY pair seems to have stabilized in the neutral territory on Wednesday, just above mid-105.00s, as the near-term bounce is approaching the th
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