Trump Warning Hits Markets!

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The markets took a hit on Tuesday as Trump warned the US death toll could reach a quarter of a million in the next two weeks. New Zealand’s central bank on the other hand, ordered their banks to stop paying dividends this morning in order to maintain “higher levels of capital” during the pandemic. Will safe haven flows increase while emerging markets take another beat? Let’s have a look at usdnok and nzdchf!

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