The Chinese currency, the yuan, has fallen half a percent since the beginning of the year, while commodities linked to commodities such as the Australian dollar have also fallen sharply due to fears of a worsening of the Corona virus crisis in China, prompting investors to migrate their money to safe havens like the Japanese yen
The Chinese yuan fell 0.6 percent to the level of 6.9783 against the US dollar, its lowest price since December 31 last year 2019
The Australian dollar fell strongly, linked to the performance of the Chinese economy, 0.5 percent to the level of 0.6787 US dollars and the New Zealand dollar fell 0.5 percent.
Speculators have also indicated that today's market movements may be exaggerated due to poor liquidity because the financial markets in China, Hong Kong, Singapore and Australia are closed for an official holiday.
