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EUR/USD may suffer as the coronavirus amplifies inter-regional tension, potentially putting the politically-sensitive Euro at risk of heightened liquidation pressure.

Crude oil prices found solace in hopes for a US reopening, and in a broad risk appetite revival. This year’s demand looks set to take a massive hit, however.

How might the Chinese Yuan trade against ASEAN FX such as the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using data since the 2008 financial crisis?

The Australian Dollar slipped a bit after Chinese growth data came in below market forecasts, although industrial production fell by far less than had been expected.

NZD/USD may exhibit a more bearish behavior following the failed attempt to test the former support zone around 0.6170 (50% expansion) to 0.6230 (38.2% expansion).

The US Dollar and Japanese Yen are falling as Dow Jones and S&P 500 futures rally on reports of Gilead’s virus drug trial and Donald Trump’s economy reopening guidelines.

The bear market rally is coming under pressure as pessimistic earnings reports trickle in and dreadful economic data readings mount, which is bolstering the US Dollar and VIX Index.

The Australian Dollar has rebounded significantly from its March lows and is among the frontrunners in risk assets in recent weeks. Still, Australian stocks have lagged their major counterparts.

Gold prices jumped by as much as 20% from the March lows up to the Tuesday high.

The US Dollar (via the DXY Index) has been trading in an ever-tightening range, with implications for pairs like EUR/USD and USD/JPY.