Risk currencies steady as investors assess virus fallouts - News Daily

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Tuesday, January 28, 2020

Risk currencies steady as investors assess virus fallouts

By Hideyuki Sano TOKYO (Reuters) - Risk currencies steadied on Wednesday as investors took stock of the economic damage from the outbreak of the coronavirus originating in China, with focus on Hong Kong shares that will resume trading later in the day after the Lunar New Year break. As countries step up efforts to contain the spread of the deadly new virus, flight-to-quality bids in safe-haven currencies such as the yen and the Swiss franc subsided for now. The Australian dollar fetched $0.6758 , steady on the day and a tad above from Tuesday's 3 1/2-month low of $0.6737.

The post Risk currencies steady as investors assess virus fallouts appeared first on Firstpost.



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