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A quiet start of the week with once again.....>

FOREX
FOREX: A quiet start of the week with once again most of the action happening in
Equities.
-US Equities hit limit down during the cash open and triggering the first
circuit breaker at 7%.
-SPX nearly hit the second one at -13%, but managed to bounce after trending
towards -12.5%.
-In G10, USD was mostly better bid keeping the the likes of the EURUSD and
GBPUSD upside capped.
-EMFX continued their afternoon session from where they left off this morning,
trending lower on the back of the Risk sentiment.
-So Fed is looking to pump some liquidity into the system that should keep
credit premium down, and this will likely continue to favour USD buying at least
short term, against most global currencies.
-AUD has continued lower, albeit in small with thinner liquidity.
-NZD has recovered somewhat, post the overnight surprised 75bps cut.
-More EU countries are going for potential full lockdown.
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