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EURO-DOLLAR: Breaks below its earlier low of $1.1089 to extend the intraday low
to $1.1087. Current move seen as a probe as market looks for weak stops.
However, momentum so far seen lacking. If rate can continue lower expected to
meet support at Monday's low of $1.1077(YTD low). USD/JPY meeting headwind
resistance as it struggles to make ground back above Y110.00. Risk was given a
general knock in Asia as markets reacted to reports that the coronavirus was
possibly spreading from human to human, raising concerns of its spread during
the mass people movement for LNY.