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UK Govt Scientific Adviser: Need three-week lockdown to stop COVID-19 spiralling

Amid a relentless surge in the coronavirus cases in Britain, the government’s scientific adviser Jeremy Farrar said that a three-week period of national lockdown restrictions needs to be imposed immediately to contain the COVID-19 spread.

Key quotes

“The current tiered restrictions will not bring the transmission rates down sufficiently or prevent the continued spread of the virus.”

“A three-week period of nationally increased restrictions, with the right levels of financial support, will allow us to reset before winter, stop transmission spiralling, protect and prepare health services, give time to get the test-trace-isolate systems fully functional, and save lives.”

USD/CHF Price Analysis: Two-week-old resistance line on bull’s radars

USD/CHF takes the bids near 0.9160, up 0.13% intraday, during the pre-European session open on Monday. The bullish MACD and a sustained break of 0.915
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FX option expiries for Oct 19 NY cut

FX option expiries for Oct 19 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1600 767m 1.1620 566m 1.1650 1.0bn
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