Asian session review: the dollar stabilized against the euro and rose against the yen

During today's Asian trading, the US dollar traded almost unchanged against the Euro and rose slightly against the Japanese yen.

The ICE Dollar index, which shows the value of the US dollar against six major world currencies, rose 0.07% compared to the previous day.

Traders continue to follow the news about the spread of an epidemic of pneumonia caused by a new type of coronavirus.

In China, as of 00: 00 hours local time on Tuesday, the number of cases of pneumonia caused by a new type of coronavirus was 42.638 thousand people, the fatal outcome was recorded in 1.016 thousand cases, the state health Committee of China reported.

At the same time, almost 4 thousand people recovered and were discharged from medical institutions, their number increased by 716 people per day.

Risk appetite is growing amid signs that the epidemic is stabilizing. China's Hubei province has recorded the smallest number of new cases since February 1.

Meanwhile, the Chairman of the Federal reserve Bank (FRB) of Philadelphia, Patrick Harker, said on Monday that the us economy is in good condition, noting that at the moment he sees no reason to adjust the key rate.

Harker said that "it is too early to say what the impact of the spread of the coronavirus will be on the world economy," while adding that the negative impact of the epidemic on the Chinese economy is something worth watching.