{"id":85305,"date":"2020-01-21T04:24:47","date_gmt":"2020-01-21T09:24:47","guid":{"rendered":"https:\/\/currencylive.com\/?p=85305"},"modified":"2020-01-21T04:24:47","modified_gmt":"2020-01-21T09:24:47","slug":"102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/","title":{"rendered":"GBP\/AUD: Aussie Declines on Fears of Virus Outbreak"},"content":{"rendered":"<p><a href=\"http:\/\/currencylive.com\/currency\/gbp\">GBP<\/a>\/AUD inches up on Tuesday, trying to break the resistance line that coincides with the peak of last week. Currently, the pair is trading at 1.8966, up 0.22% as of 6:35. If it manages to break the resistance later this week, the quotation might be aiming for updating the monthly peak that was touched on January 7.<\/p>\n<p><a href=\"http:\/\/currencylive.com\/currency\/aud\">The Aussie<\/a> is declining amid fears that a new strain of coronavirus in China could rapidly spread and damage the <a href=\"http:\/\/currencylive.com\/topic\/economics\">economy<\/a>. Chinese authorities confirmed the fourth death in the city of Wuhan, saying that over 200 people were infected with the virus, which can cause a type of pneumonia. The virus was also reported in Thailand, South Korea, and Japan.<\/p>\n<p>Australia will start screening passengers coming from Wuhan in an attempt to prevent the spread of the virus, the chief medical officer said earlier today. However, authorities admitted that an outbreak would be difficult to stop. The official <a href=\"https:\/\/www.reuters.com\/article\/us-china-health-pneumonia-australia\/australia-to-screen-some-china-flights-warns-new-virus-difficult-to-stop-idUSKBN1ZK007\">told<\/a> reporters:<\/p>\n<p><em>\u201cYou cannot absolutely prevent the spread of disease into the country. The incubation period is probably a week. It&#8217;s about identifying those with a high risk and making sure those who have a high risk know about it and know how to get medical attention.\u201d<\/em><\/p>\n<p>China is Australia\u2019s largest trade partner and also the largest source of tourists, with more than 1 million Chinese visiting the country last year. Even though Australia was hit by bushfires, Chinese tourists are still coming, especially amid the Lunar New Year holiday that starts this week.<\/p>\n<p>Australian Prime Minister Scott Morrison called citizens to remain calm. He tweeted:<\/p>\n<p><em>\u201cWe are well prepared to respond to this situation and we will continue to monitor and take action where necessary.\u201d<\/em><\/p>\n<p>Investors reacted promptly while recalling the outbreak of the Severe Acute Respiratory Syndrome (SARS) from 2002\/03 that started in China. The SARS killed about 800 people globally at the time. However, Australia doesn\u2019t start scanning passengers for higher body temperatures for now.<\/p>\n<p>Elsewhere, <a href=\"http:\/\/currencylive.com\/currency\/gbp\">the sterling<\/a> is getting traction after IHS Markit said that British households had grown more confident about their finances while Rightmove data showed that house prices rose by a record amount this month.<\/p>\n<hr \/>\n<h6><em>Currencylive.com<\/em><em> is a news site only and not a currency trading platform.<\/em><\/h6>\n<h6><em>Currencylive.com is a site operated by TransferWise Inc. (&#8220;We&#8221;, &#8220;Us&#8221;), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of TransferWise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/AUD inches up on Tuesday, trying to break the resistance line that coincides with the peak of last week. Currently, the pair is trading at 1.8966, up 0.22% as of 6:35. If it manages to break the resistance later this week, the quotation might be aiming for updating the monthly peak that was touched on [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":3609,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1547,1379],"tags":[1540,2141,2059,1399,2139,1394,1768],"class_list":{"0":"post-85305","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aud","8":"category-gbp","9":"tag-aud","10":"tag-australia-wildfires","11":"tag-bushfires","12":"tag-china","13":"tag-coronavirus","14":"tag-gbp","15":"tag-ihs-markit"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/AUD: Aussie Declines on Fears of Virus Outbreak - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/AUD: Aussie Declines on Fears of Virus Outbreak\",\"datePublished\":\"2020-01-21T09:24:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\\\/\"},\"wordCount\":607,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100048-gbp-aud-tory-lead-poll-falls.jpg\",\"keywords\":[\"aud\",\"Australia wildfires\",\"bushfires\",\"china\",\"coronavirus\",\"gbp\",\"IHS Markit\"],\"articleSection\":[\"AUD\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\\\/\",\"name\":\"GBP\\\/AUD: Aussie Declines on Fears of Virus Outbreak - 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Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/ileana-ionescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/AUD: Aussie Declines on Fears of Virus Outbreak - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/","twitter_misc":{"Written by":"Ileana Ionescu","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/"},"author":{"name":"Ileana Ionescu","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"headline":"GBP\/AUD: Aussie Declines on Fears of Virus Outbreak","datePublished":"2020-01-21T09:24:47+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/"},"wordCount":607,"image":{"@id":"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100048-gbp-aud-tory-lead-poll-falls.jpg","keywords":["aud","Australia wildfires","bushfires","china","coronavirus","gbp","IHS Markit"],"articleSection":["AUD","GBP"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/","url":"https:\/\/currencylive.com\/news\/102123-gbp-aud-aussie-declines-on-fears-of-virus-outbreak\/","name":"GBP\/AUD: Aussie Declines on Fears of Virus Outbreak - 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