By Alex Ho
Investing.com – The U.S. dollar was down on Friday in Asia as concerns of the new coronavirus outbreak continued to weigh, while traders await the upcoming nonfarm payroll data due later in the day.
The that tracks the greenback against a basket of other currencies was down 0.2% to 96.562 by 1:30 AM ET (05:30 GMT).
U.S. stocks and Asian equities jumped back into the sea of red today as disruptions to business from the coronavirus worsened.
The Asian Development Bank said today the coronavirus outbreak is set to trim global economic growth by 0.1% to 0.4%.
On the data front, the Labor Department will release the highly anticipated February jobs report at 8:30 AM ET.
“Non-farm payrolls rose by an unsustainably strong 225,000 in January. While this reflected the solid job market, it also likely was helped by unseasonably warm weather – which tends to have a disproportionately large impact in winter…