Here is what you need to know on Monday, February 10th: The coronavirus continues to spread: the death toll is above 800 according to the latest data, market players concerned about its effect on economic growth. The dollar closed the week at yearly highs against most major rivals. European currencies were particularly weak, with the EUR down on dismal German data and the GBP weighed by concerns about the UK’s future relationship with the EU. Wall Street retreated sharply from record highs achieved mid-week. Government debt yields trimmed weekly gains on the back of renewed demand for safe-haven assets. A mixed US employment report lent support to the dollar. The economy added 225K new jobs in January, but sharp revision, up to 541K were made to payrolls between 2018 and 2019. China to release inflation figures and money data at the beginning of the day. Cryptocurrencies rallied throughout the weekend, BTC above $10,000. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD February 10-14 Forecast – Struggling Pound Slips to 10-Week Low Kenny Fisher 2 years Here is what you need to know on Monday, February 10th: The coronavirus continues to spread: the death toll is above 800 according to the latest data, market players concerned about its effect on economic growth. The dollar closed the week at yearly highs against most major rivals. European currencies were particularly weak, with the EUR down on dismal German data and the GBP weighed by concerns about the UK’s future relationship with the EU. Wall Street retreated sharply from record highs achieved mid-week. Government debt yields trimmed weekly gains on the back of renewed demand for safe-haven assets. A… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
