Markets are keeping more steady to start the new day
There is little change among major currencies as markets are keeping more steady on the day amid concerns surrounding the new coronavirus outbreak. The situation isn't really weighing any further on the risk mood today but it is keeping markets more cautious.
USD/JPY continues to sit around 109.50-60 levels after moving off lows in overnight trading, following a rebound in US equities towards the end of the North American session.
But the focus today will be on the euro and pound as we will be getting January flash PMI data later in the European morning.
Other than that, just be mindful about any changes in the risk mood as we should be getting more coronavirus headlines ahead of the weekend.
