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Dipping initially to N$1.1023 on the....>

AUSSIE-KIWI
AUSSIE-KIWI: Dipping initially to N$1.1023 on the Aussie jobs data headline miss
of 3,700 against expectations of 20,000, the cross has powered higher to
N$1.1084 as the details revealed the unemployment rate had fallen to 5.4%,
lowest since early 2013, and the number of full-time jobs rose to 24,300 from
9,300 in September. Resistance lies at N$1.1104 (38.2% fib N$1.1291-N$1.0989).
It is worth mentioning a rather large expiry today at N$1.1100 (A$2.34bn) that
may act to contain the near-term range. Aussie-kiwi is currently changing hands
at N$1.1075.

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