We are bearish on the safe-haven currencies, mainly on the Yen (JPY) due to the hope that the stimulus will boost the global economy, and the COVID-19 drug tests were super encouraging. On the other side, we are bullish on the Australian and New Zeland dollar because the Bank of Australia (RBA) reiterated the bank would do whatever was necessary to support the local economy while also noting the downturn in activity had not been as dire as first feared.