AUD/USD: Downside pressure mitigated above 0.5950 – UOB

The selling pressure around AUD/USD is seen alleviated above the 0.5950 level, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “While
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Coronavirus: Unavoidable cost of the downturn will have to be socialised – Standard Chartered

The economics of coronavirus differ from previous recession-inducing shocks, in the opinion of Steve Englander, a strategist at Standard Chartered Ban
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