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Asia headed towards the weekend on a quiet....>

FOREX
FOREX: Asia headed towards the weekend on a quiet note with participants left to
take stock of the coronavirus situation. G10 crosses traded in a mixed, fairly
lacklustre manner. EUR/USD slipped to its worst levels since 2017 as concerns
over the Eurozone's growth continued to linger. GBP consolidated yesterday's
rally staged on the back of hopes for a more expansive fiscal policy after the
resignation of Chancellor Javid.
- USD/CNH ticked marginally lower; USD/CNY crept a touch higher. The PBoC fix
matched exp. China confirmed 5,090 new Covid-19 cases & 121 additional deaths,
while reducing reported total death toll to account for double-counting.
- Flash EZ & German GDPs, EZ employment & trade balance, as well as U.S. retail
sales, industrial output & U. of Mich. Survey take focus from here. Speeches are
awaited from BoJ's Amamiya & Fed's Mester.

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