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Green all around in the Asia-Pacific

FXstreet.com (Barcelona) - Following a negative day in the US, with major equity indexes off yesterday's all time highs, all share markets across the Asia-Pacific are posting gains, lead by the Korean Kospi that advances around a +0.84% for the day so far, to end a positive week overall in the region. Nikkei index regains the 15000 handle, up +0.32% for the day at 15090.

Shanghai index is up +0.13%, Hong-Kong's Hang-Seng climbs +0.17%, and Australian ASX gains +0.46%, all helped on risk on sentiment, on the back of best Japan core machinery orders in over a year, and China CB leading index at the highest of the year.

Forex: AUD/USD, how far can it go? 0.9750/10 next demand

The Australian Dollar is the big story in the Forex market at the moment, after falling without mercy for 10 days in a row (if today's losses are confirmed), erasing in the process almost 600 pips or a 6% off its value vs the USD.
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Technical picture continues to become more bearish for EUR/USD

The EUR/USD traded in a fairly narrow range yesterday, closing flat on the session at 1.2883. After recent US economic data had come in better than expected the past few weeks, the past four days have been a different story. Economic reports out of the US came in below expectations again in the previous session, which initially helped the EUR/USD bounce off earlier lows made during the European session. The only major report due out of either region will be the Michigan Consumer Confidence data at 13:55GMT
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