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COVID19 pandemic leverage reduction

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Market behavior and market movements have dramatically changed in the course of the spread of COVID19 global pandemic in the past weeks. Actions of governments have become unpredictable and Central Banks aim to fight expected bankruptcies and rising unemployment. This all causes reduction of liquidity from market participants and ongoing increased daily volatility. These are the reasons for Dukascopy to reduce leverage for commodities, indexes and precious metals to 130. The leverage policy for other trading instruments remains unchanged. The change will come in force as of today at 1800 GMT time of usual overthe weekend leverage reduction and stay in force until further notice.