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The Wuhan coronavirus continued to send shockwaves through the financial markets on Monday. Risk-sensitive currencies such as the Australian dollar fell to fresh lows while safe havens such as the
EUR/USD fell to its lowest level since December 2nd in Friday trading, after the European Central Bank (ECB) signaled a more dovish than expected outlook. On Thursday, the ECB reaffirmed
A temporary measure to combat The Great Recession has now become a mainstay of global central bank policy. Forex investors now adjust to this new normal.
AUD/USD fell to its lowest levels since December 11th on Wednesday, as concerns mount over the impact of the Coronavirus on China’s economy.