Home EUR/USD tops 1.09 amid coronavirus-related USD weakness

EUR/USD tops 1.09 amid coronavirus-related USD weakness

Updated: 26 Feb. 2020 | 13:17

EUR/USD has recaptured the 1.09 level, completing a climb of around 130 from the 2020 low of 1.0777.

The US dollar is on the back foot amid falling bond yields, a result of safe-haven flows related to the coronavirus outbreak.

The euro is advancing despite the recent fears stemming from the spread of the disease in Europe.

more to come

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