The USD is the weakest of the major currencies in 2020 0 (0)

The AUD is the strongest
As 2020 winds to a close, the USD is ending as the weakest with the AUD as the strongest.
The greenback fell nearly -9.8% vs the AUD as Australia was relatively little impacted by coronavirus. The rise in commodity prices helped the AUD currency as well.  The USD had bouts of flows

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UK reports another record in daily covid cases at 55,892 vs 50,023 0 (0)

Previous record was Tuesday at 53,275
The daily deaths are approaching the April peak of 1172.
I’m sympathetic to the argument that the new variant is more transmissible. Otherwise, it’s very difficult to explain this spike despite the December lockdown. Other countries where they don’t have this variant have seen a decline or slower growth.

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Cable looks to end the year at the highs but… 0 (0)

GBP/USD trade to its highest levels since May 2018 but just be mindful that thin liquidity conditions are still prevailing this week
The push higher in the past few sessions owes more to do with the dollar slipping up rather than the pound surging, with cable now trading to its highest levels since May 2018 at

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Tokyo reportedly set to record over 1,000 new daily coronavirus cases 0 (0)

Kyodo News reports on the matter
Despite the Japanese government throwing massive amounts of stimulus at the problem, the health crisis is still the main problem that they have to tackle first and foremost. There is now a growing fear that Tokyo hospitals may be overwhelmed soon enough.

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Australian states tighten border controls amid new virus cases in Victoria 0 (0)

Victoria reports six new local cases following 61 days of no community transmissions in the state
Victoria has now chosen to close its border with the whole of New South Wales starting from 11:59pm local time on 1 January, with Western Australia also now just announcing that it will tighten border controls with the state of

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ForexLive Asia FX news wrap: USD slipped early, but reverted to little changed 0 (0)

Forex news for Asia trading
for Thursday
31
December 2020 

ICYMI

The US dollar once again lost
ground during the session in Asia, currencies generally higher across
the major FX board. Offshore yuan rose also, hitting highs it hasn’t
seen since June of 2018 (circa 6.49 for USD/CNH). As I post the picture is becoming more mixed though with much of the gain

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