The death toll in China has now reached 213 and the number of cases is 9,692 - up from 7,711 a day ago. The WHO said late Thursday the outbreak was a global emergency, but China's response so far will "reverse the tide" of the virus' spread.
In Thailand - heavily exposed to Chinese tourism - the baht, which has stubbornly resisted months of jawboning and policy easing from the central bank, has shed 4% for the month.
EUR/USD is pressing into key trendline hurdle on the 4-hour chart. Indicators and daily candles are reporting early signs of bullish reversal.
The Aussie is 4.1% weaker this month and, if the sell down does not reverse, is headed for its worst month since May 2016.
USD/JPY is currently trading at 109.03, representing a 0.10% gain on the day, having hit a high and low of 109.35 and 108.88, respectively.
NZD/USD refreshes the eight-week low, rests near 50% Fibonacci retracement. 100-day SMA, November month high will challenge sellers.200-day SMA guards the immediate upside.
USD/CAD is forming a head-and-shoulders on the hourly chart, A breakdown would open the doors to levels near 1.3150.
Bank of England held rates steady sent the British pound up 0.7% to a week high. Britain's market watchdog, however, is investigating the move because it began just before the bank's announcement.
MSCI Asia-Pacific Index (ex-Japan) mildly positive at the end of the worst week since May 2019.WHO term corona-virus as a global health emergency but turned down banning tourism/trade.Chinese PMIs fail to disappoint, officials from Beijing stay confident of winning the war against the epidemic.
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