XE Market Analysis: Europe – Feb 14, 2020

The euro posted fresh lows against the dollar and other currencies, while both the safe haven yen and Swiss franc lost yesterday’s bid as the daily increment of new coronavirus cases in China fell back alongside narratives that are downplaying yesterday’s jump in total reported cases in Hubei province as being just a reclassification. EUR-USD posted a fresh 34-month low at 1.0827, and is set for its biggest two-week loss since July 2019. EUR-JPY printed a four-month low, at 118.86, and EUR-CHF a near-five-year-low, at 1.0609. EUR-GBP yesterday saw a two-month low.

Source: XE news feed
XE Market Analysis: Europe – Feb 14, 2020