Hard to Pinpoint one specific reason so I will list Some Headlines that could have caused drop and remind everyone that Dollar did rally a bit post London fix at 10 A.M. . Also Sell into the European Close based on bearish EZ headlines then Bounce post 10:30, buy the European Close

• Italy set a one Day record in new Virus cases
• GERMAN CABINET, WHICH MET WED. MUST NOT GO INTO QUARANTINE DESPITE GERMANY’S HEALTH MIN. SPAHN’S POSITIVE CORONAVIRUS TEST – FOCUS ONLINE
• Media reports say DF-17 missiles have been deployed to China’s southeast coast. Viewed as aircraft carrier killer, DF-17 has range of up to 2,500 km. If it is true, the Chinese mainland’s anti-access/area denial capability will be greatly enhanced in a war in the Taiwan Straits.
• Boston Public Schools students will return to remote-only learning starting Thursday, as the city’s coronavirus positivity rate continues to rise, city and school officials announced Wednesday
• **POMPEO SAYS US DESIGNATING US OPERATIONS OF SIX CHINA BASED MEDIA OUTLETS AS FOREIGN MISSIONS

But the Whitehouse with a Stick save on Markets drop

• White House spokeswoman says cautiously optimistic on stimulus deal forexlive.com/news/!/white-h…
• WH PRESS SEC. MCENANY: I AM CAUTIOUSLY OPTIMISTIC ON A STIMULUS DEAL.