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Well, Trump says there is hope but no clinical trials have confirmed that hydroxychloroquine, a drug used to cure malaria, has major benefits against covid19. Global economies, on the other side, are far from hope. RBA said that as long as employment is affected due to the coronavirus there won’t be any wind-back on asset purchases, but only IF conditions improved. That “IF” is boosting the Aussie higher. Meanwhile, in Europe, the fight for the rescue fund continues and is likely to have an impact on the eurodollar.
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