Macro Morning

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Rampant USD saves AUD blushes

By Chris BeckerĀ 

Wall Street staged a last minute rally to stave off the wide falls on European markets as the 4Q GDP print came in strong but also just as the WHO marked a global emergency for the Chinese coronavirus. Pound Sterling jumped as the BOE held fire on interest rate cuts while Bitcoin leaped higher after its recent breakthrough above the $9000 mark.

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