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Washington Post quotes the head of the Centers for Disease Control and Prevention (CDC) Robert Redfield to strike the fears of undiagonised coronavirus (COVID-19) cases.

Key quotes

Our best estimate right now is that for every case that’s reported, there actually are 10 other infections.

Redfield estimated that 92 to 95 percent of the U.S. population is still susceptible to the virus.

FX implications

 The news could weigh on the market’s risk-tone and also harm the US dollar during the Asian session. Though, the AUD/USD pair remains largely unaffected as it takes rounds to 0.6890/85 by the press time of the early Asian session on Friday.