A spike in Covid-19 deaths and infections has seen a rise in risk aversion assets with the Japanese Yen, Gold and the Swiss franc all in demand. The EURUSD remains pressured after earlier matching the 33-month low that was first seen yesterday, at 1.0865. The narrow trade-weighted USDIndex concurrently made a four-month peak, at 98.894.
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Stuart Cowell
Head Market Analyst
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