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Yuan, Australian dollar jump after China cuts import tariffs, virus fears ebb

February 06, 2020

The Australian dollar and Chinese yuan rose on Thursday after China unexpectedly said it would halve tariffs on some U.S. imports, a goodwill gesture that added to hopes the global economy may be able to avoid a major shock from a virus outbreak.

Source: https://www.cnbc.com/2020/02/06/forex-markets-us-data-dollar-coronavirus-optimism-in-focus.html
 
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