Coronavirus impact on major currencies

Last few weeks, the coronavirus and news from China, where the vast majority of infected patients are present, remained in the spotlight of investors. Many doubt that official figures reflect the truth and believe that China offers a more positive outlook than it really is. Nevertheless, the spread of the virus to other countries is very insignificant and only isolated cases have been recorded. Soaring anxiety has prompted investors to choose safer currencies, which has pushed the U.S. dollar up throughout last week."Disclaimer:This podcast is produced for a global audience and does not contain and should not be construed as containing investment advice, investment recommendations, an offer or solicitation of any transaction in financial instruments. Please note that this trading analysis is not a reliable indicator of current or future performance as circumstances may change over time. Before making any investment decisions, you should seek independent financial advisors to help you understand the risks. (link to https://admiralmarkets.com/risk-disclosure )Forex & CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this providerRead more at https://admiralmarkets.com. "