Australia is closely interlinked with China's economy, and thus getting hit by the fallout of the outbreak

AUD/USD under 0.66 first time since 2009 with the news worsening on the coronavirus today, cases accelerating in South Korea. A freer media in South Korea reporting on cases is further cementing doubts about the veracity of the data on the virus impact out of China.

NZD taking a hit also

ps. This from Goldman Sachs overnight:

  • "The number of 'missing work days' in China will be roughly equivalent to the entire US workforce taking an unplanned break for two months."