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Forex: NZD/USD slips below 0.8500 after NFP

FXstreet.com (Córdoba) - NZD/USD fell to fresh daily lows as the greenback strengthened broadly following better-than-expected US employment data. The US economy added 165,000 jobs in April, beating expectations of a 145,000 gain.

NZD/USD dropped more than 40 pips after the data and touched a low of 0.8471 before finding support and bouncing slightly. At time of writing, the Kiwi is trading around 0.8490, where it is virtually unchanged on the day.

In terms of technical levels, next supports for NZD/USD could be found at 0.8471 (daily low) and 0.8455 (low May 2). On the upside, resistances are now seen at 0.8530 (100-hour SMA/daily high) and 0.8585 (high Apr 30).

Forex: EUR/USD accelerates de downside, around 1.3045/50

The selling pressure in the shared currency has intensified on Friday, dragging the cross to fresh weekly lows in the vicinity of 1.3025/30 as better-than-expected April Payrolls are renewing the idea...
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Rehn confirms within two years compliance period will be extended to deficit in Spain and France

Olli Rehn, vice president of the European Commission responsible for Economic Affairs, announced today that the deadline for achieving deficit to Spain and France would be extended by two years, placing it in 2016 and 2015 respectively.
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