The dollar edged lower yesterday, as China’s response coronavirus caused safe-haven currencies to slip. Despite more than 470 cases and fears of global contagion, the swift response from China has helped to reassure investors. The greenback is slightly stronger this morning, however, ahead of the World Health Organisation meeting.
The Chinese authorities have been more transparent than they were when dealing with the SARs virus back in 2002-03. The World Health Organization’s emergency committee is also meeting today to assess the global risks posed by the virus.
The US Senate has set the ground rules for President Trump’s impeachment trial after nearly 13 hours of debate. Each side will now be given up to 24 hours to lay out their case over three days.
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