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RBNZ sold net NZ$1m in October : No signs of intervention

FXStreet (Bali) - The RBNZ published FX transactions data for the month of October, revealing that they sold net NZ$1m, confirming that no intervention was conducted. NZD/USD had a quick pop towards 0.79 before retracing to 0.7890 on the news.

AUD/USD breaks above 0.8565/70, focus back to 0.86

AUD/USD has chewed through stops above 0.8565/70, taking the rate to a new session high of 0.8581, as sentiment towards the Australian Dollar improves following upbeat Australian Capex numbers, which adds to Dalian iron ore futures up over 2%, another positive input.
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DXY weekly: 5th wave looks complete, risk of a ST setback - Westpac

David Coloretti, CMT, Technical Strategist for Westpac, notes that the USD index weekly chart shows MT momentum and price failing with a 5th wave rally looking complete, which implies risks to the downside towards 84.50/00.
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