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New Zealand Mar RBNZ Business Confidence falls to 34.6% vs 39.4%

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Forex Flash: NZD/JPY to reach 82.50 by year-end - BNZ

The NZD/JPY continued on Tuesday its move toward multi-year highs that lie at 79.74 (Mar 12 high). Currency Strategist at BNZ Mike Jones expects the Kiwi to keep trending slowly higher during 2013 on the back of a recovering global demand that would bolster commodity prices and as Japanese authorities engage bold easing.
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