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RBNZ sold next NZD 30 mln in September

FXStreet (Bali) - RBNZ has published its latest FX transactions for September, in which only 30 million NZD net were sold against 521 million NZD in August.

As a reminder, during September, we saw the largest NZD sell-off since May 2013, with the pair losing over 6.5 cents, although as confirmed now, there was little RBNZ assistance exacerbating the pain in the Kiwi.

AUD/NZD retesting 1.13, bullish resolution looms?

AUD/NZD is currently trading ear a key level at 1.13, retested in multiple occasions yet unable to confirm an upward resolution that may see the pair potentially entering a fresh bullish phase.
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Japan's PM: Review GPIF needs to reflect end to deflation

Japan's PM Abe is crossing the wires, via Reuters, noting "need to flexibly review composition of GPIF pension fund management reflecting end to deflation", adding that "won't use pension fund management directly to boost stock prices, but change in allocation will indirectly help japan's economy."
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