• Asian session review: the US dollar rose against the Euro and the yen

Market news

26 February 2020

Asian session review: the US dollar rose against the Euro and the yen

Time Country Event Period Previous value Forecast Actual
00:30 Australia Construction Work Done Quarter IV -0.4% -1% -3%


In today's Asian trading, the dollar strengthened against the Euro and the yen, while the South Korean currency fell 0.5% against the dollar on news of an increase in the number of coronavirus infections in the country.

The ICE Dollar index, which shows the value of the dollar against six major world currencies, rose by 0.13% compared to the previous day.

Seoul reported 169 new cases of a new type of coronavirus per day, the Yonhap news Agency reported on Wednesday. Thus, the total number of cases of COVID-19 infection in the country was 1,146 thousand people.

In China, 52 cases of death from pneumonia caused by a new type of coronavirus (COVID-19) were registered over the past day, and 406 new cases were identified, the state health Committee of China reported. Since December, the number of victims of the coronavirus was 2,715 thousand people, 78,064 thousand cases of the disease were registered.

As of Wednesday morning, February 26, in the world, except for the mainland of China, the number of infected with the COVID-9 coronavirus reached 2,903 thousand, an increase of 465 detected cases per day, the Hong Kong newspaper South China Morning Post reported.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.