Fear is always a big driving factor in market price action. It also dictates more general social behavior too.

The Coronavirus impact on the Forex markets is inevitable given the strain being taken on all major stock markets. Stock markets are in turmoil because of the possibility this pandemic will restrict economic activity in a great way. This is plausible, as we are seeing restriction of movement to and from large geographical areas, major mass events shut down. And we are not talking only about China.

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