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Despite Trump saying that “nationwide we are past the peak” data show a record high of daily deaths in the US. All the while US economic data suggest more trouble for the world’s economies. When taking into consideration the oil market and governments’ responses against the corona virus, this puts certain pairs in a favorable position. The kiwi and the yen against the euro and the loonie, for example, are two minor pairs that can’t go unnoticed, and are both supported from a technical perspective too!
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