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Forex Flash: RBA still to cut by 25bp in June and November - NAB

NAB reduced the rate cuts projections from 75bp to now expect an additional 50bp in 2013.
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Forex Flash: Broader US dollar recovery expected - Nomura

As the post GFC correlation between the US Dollar and risk assets disconnects, and with equity inflows picking up, which according to Nomura, "has been important for dollar dynamics, the dollar should benefit eventually."
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