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Australian trade deficit breaks the AUD1 billion mark

The Australian trade balance for the month of January came very poor, with a reading of -1057m vs. -500m exp. While imports were up 1% vs the -6% from December, exports were down 1% vs + 3% in the last month.

Forex Flash: USD/JPY entering 90-95 consolidation phase - Nomura

Nomura has updated its forecast revision for USD/JPY after new information about the direction of economic policy in Japan, including the “new BoJ”, was provided, the bank says.
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