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The aussie and the loonie continued to rise on increased risk sentiment as the world’s economies resume production! Yesterday, the Australian #dollar recorded a 20% growth over the past 2 weeks and that’s despite the IMF expecting the current crisis to suffer the greatest contraction since the Great Depression. The G7 offered an optimistic tone indeed but this doesn’t change the fact that most economies are poised to shrink at least 5% following even a V-Shaped recovery.
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