Escalating fears surrounding the coronavirus epidemic and the effect containment measures may have on the world economy sent stock markets worldwide sharply lower last week - the worst weekly sell-off since the crisis of 2008.Figure 1: S&P 500 and Dow Jones Indices (February 2020)GBPSterling was hit last week on two fronts.

Coronavirus is now global as is its impact on financial markets and trade. The effects have been felt particularly in China and, significantly for SMEs, on manufacturing volumes.

Coronavirus continues to cause volatility in the currency markets plus what to watch out for this week for GBP, EUR and USD.

Coronavirus has slowed manufacturing in China and impacted global financial markets. Here's what to expect and be prepared as an SME for a return to normality

Today marks the last trading day of the month and it's safe to say that February has been a very bizarre one as far as movements in the FX market are concerned.

Coronavirus continues to impact FX markets as the President's reaction triggers selling in US equity markets while the Euro sees a resurgence.

Headlines surrounding the coronavirus outbreak are back dominating the headlines again in the FX market.Concerns surrounding the virus had unquestionably eased in the financial markets last week, with currency trading beginning to return to at least some sense of normalcy.

Euro surprises as one of the best performers on Monday, indicating virus fears did not cause the recent fall.