The Australian dollar fell to a four-month low against the US dollar, while China’s offshore yuan struggled to find a footing in the wake of the virus outbreak. The greenback added 0.1 percent to 6.9884 yuan, although that was some way off the 7.0038 level the yuan dropped to on Thursday. The US dollar fell 0.1 percent against the yen to ￥108.84 in morning trading and dropped 0.3 percent versus the Swiss franc to SF0.9668. The New Zealand dollar dropped 0.5 percent to US$0.6464, after earlier touching a two-month low. The Australian dollar lost 0.3 percent to US$0.6699, hitting a four-month low earlier in the session.

Source: Taipei Times February 01, 2020 15:56 UTC