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Due to the U.S Stimulus to the Bill supported riskier asset on the early with the economic data of the china also skewed to the positive.

If we have a look at the economic calendar the Japanese Yen seemed in action with the economic data from China. Japan trade is widened from the 248.6 bn to 6.75 in September.

According to the economy fell exports to 4.9% compared with the September report. The Exports fell by the china that jumped with 14.0% that goes down 2.0% to Asia. On the other hand the exports the US rose to the level of 0.7% that exports to western Europe fell by 6.4%.

Go Ahead on the EUR there are no material stats due to the Eurozone that provides the EUR with a reliable direction. The EUR was traded down at the level by 0.05% to $1.1712.

The Loonie pair was influenced due to the coronavirus updates and the market sentiments towards the economic outlook.

The Loonie pair will be traded up at the level of 0.09% to $1.3177.

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Jeffrey Halley

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