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Forex Flash: Supportive NZD fundamentals haven’t changed – BNZ

The Kiwi was able to finish higher for the first time in 7 days. After recent declines of just over 350 pips in a very short time, some analysts are commenting the recent decline isn’t all that surprising given recent market positioning, and a constructive view can still be taken going forward.
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Forex: EUR/USD in red around 1.2870

The demand for the single currency remains subdued on Thursday, with the cross trading on the back foot around 1.2870/75, ahead of Nonfarm Payrolls in France during the first quarter (-0.2%)...
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