• Asian session review: the US dollar rose slightly against the major currencies

Market news

31 January 2020

Asian session review: the US dollar rose slightly against the major currencies

The US dollar strengthened slightly against the euro and rose against the yen amid some easing of worries about the spread of a new coronavirus after the World health organization (WHO) said there was no reason to impose restrictions on international travel and trade.

WHO, following an emergency meeting on Thursday, declared the coronavirus outbreak a public health emergency of international significance. At the same time, who Director General Tedros Adhan Gebreyesus praised the measures taken by China to contain the spread of the disease. He also noted that there is no good reason to impose restrictions on international travel and trade.

The US state Department listed China as the country with the highest fourth level of danger and recommended canceling trips there because of the coronavirus. Meanwhile, President Donald trump said that the United States is working closely with China and other countries to combat the new infection, and the situation with the virus is under control in the United States.

The ICE Dollar index, which shows the value of the US dollar against six major world currencies, rose 0.07% compared to the previous day.

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