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NZ FinMin: Country can withstand declines in dairy prices

FXStreet (Bali) - New Zealand Fin Min English is crossing the wires, saying that New Zealand can withstand declines in dairy prices, adding that a forecast of 2.75% GDP in 2016 is optimistic.

USD/JPY penetrates 119.30, en-route to 120.00

USD/JPY has broken above 119.27/30 resistance, where exports had been active sellers in recent hours, with buyers now setting the stage for the next intraday leg up targeting 119.50 ahead of the big 120.00 level.
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EUR/AUD steady on the bid post further blows to the Aussie

EUR/AUD is trading at 1.4734, up 0.53% on the day, having posted a daily high at 1.4756 and low at 1.4631.
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