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Relatively shallow Covid-19 case counts in....>

FOREX
FOREX: Relatively shallow Covid-19 case counts in China & South Korea, focus on
global efforts to contain the coronavirus spread & upticks in U.S. equity
futures have inspired correction of yesterday's sharp risk-off moves. USD/JPY is
testing the Y111.00 mark to the topside with JPY & CHF underperforming their
peers from the G10 basket. Commodity-tied FX have strengthened vs. the
greenback, with NOK leading gains.
- Asian EMFX trade on a firmer note with the yuan ticking higher. KRW has
improved markedly, erasing the bulk of yesterday's losses.
- Today's highlight include final German GDP & U.S. consumer confidence. Fed's
Clarida, ECB's de Cos, BoC's Lane and Riksbank's Jansson are set to speak.

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