OctaFX | OctaFX Forex Broker
Open trading account

Macau reports second case of novel coronavirus - Cable TV

Macau reports the second case of novel coronavirus which followed news earlier of the first case as the new disease looms over Hong Kong.

According to the Global Times citing Caixin, some Wuhan doctors predicted that the number of people becoming infected with the new coronavirus may eventually exceed 6,000 and Wuhan authorities have so far prepared 5,400 ward beds for coronavirus treatment.

FX implications

While the Aussie may find a bid on reduced probabilities of a rate cur fro the Reserve Bank of Australia, (RBA), this virus is going to hang over the Aussie like a knife should it spread to Australia, especially in the absence of other news taking the spotlight away from the virus. 

  • Australian bond yields rise as Aussie jobless rate slips to 5.1%



USD/JPY bulls finally cave in below 110 handle, bears look to 61.8% Fib

USD/JPY is trading at 109.64 within a range of between 109.59 and 109.86 in a relatively risk-off environment as the media headlines are full of the c
Read more Previous

EUR/JPY drops to two-week low near 121.50 ahead of ECB

EUR/JPY remains under pressure, around 121.60 currently, after posting the two-week low of 121.52 during the early Asian session on Thursday.
Read more Next
Start livechat