The dollar recovered from a two-week low today as investors reduced expectations that the U.S. Federal Reserve will signal more policy easing as a deadly virus spread quickly outside China

Against a basket of its rivals, the dollar edged 0.1% higher at 99.04, recovering from two-week low of 98.876 hit in the previous session.

The euro also struggled to gain traction with the single currency holding below the $1.088 line versus the greenback.