NZD/USD flirts with 0.6600, looks to break away from the recent highs 0 (0)

NZD/USD buyers are poised in search for a firm move above 0.6600
The kiwi is one of the beneficiaries from the more positive risk mood today, with price action now testing the 0.6600 handle as buyers are looking poised to try and go in search of a firm break above the figure level to fresh highs

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GOP leaders said to meet at White House later today to discuss next coronavirus bill 0 (0)

FOX News reporter, Chad Pergram, reaffirms the earlier story
Senate majority leader, Mitch McConnell, and House GOP leader, Kevin McCarthy, will be headed to the White House later to discuss the next stimulus bill with Trump and Mnuchin. This adds to the story from earlier in the day .

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EU’s von der Leyen: Things are moving in the right direction on a deal 0 (0)

German chancellor Merkel also says that she is hopeful that an agreement on the recovery fund would be possible by today
Merkel also adds that the framework for an agreement is currently in place after the lengthy period of talks over the last few days. French president Macron also adds that things have advanced and that

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ECB’s de Guindos: Q2 GDP drop to be slightly better than expected 0 (0)

Comments by ECB vice president, Luis de Guindos
Well, the thing is while the sharp drop in Q2 isn’t quite the worst-case scenario, it is still bad. The issue now is will the recovery thereafter be as robust as what policymakers and lawmakers expect it to be? That is the more pressing concern in my view

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Risk mood improves after sluggish start to the session 0 (0)

European equities creep a little higher alongside US futures
Risk sentiment has picked up in the last hour, with the DAX now seen up by ~0.6% and trading at the 13,000 level for the first time since 25 February. Meanwhile, US futures have also improved to be down by ~0.1% after observing around ~0.6% losses earlier.

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