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Despite the improved risk outlook,......>

AUSSIE-KIWI
AUSSIE-KIWI: Despite the improved risk outlook, AUDNZD has failed to rally and
holds near the base of its NZ$1.0475-00 range. The recent downtrend remains
intact with near-term support at NZ$1.0466 from yesterday's low, below here
opens the NZ$1.0430-50 zone which registered a series of previous lows through
December. Reminder that Australia are set to observe a holiday on Monday, with
main focus on Wednesday's CPI print at 0030GMT. Last NZ$1.0483.  

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