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-Following jobs numbers in early Asia.........>

FOREX
FOREX: -Following jobs numbers in early Asia session Wednesday, NZD/USD didn't
look back, extending the recent rally to well over 4% and bringing the $0.6909
200-dma into view. The US midterm elections assisted this move, with the USD
index easing throughout European and US trading hours as markets discounted the
chances of Trump's fiscal stimulus plans pressing the Fed to hike rates at a
faster pace. The USD index touched the lowest levels since mid-October before
recovering modestly alongside a positive equity session on Wall Street.
-EUR/USD gains topped out at $1.15, which is proving to be a tough nut to crack,
but keeps the modest uptrend seen since Oct31 intact. A break above here would
open a move toward the 50-dma at $1.1552.
-AUD rose in sympathy with NZD, but gains above $0.73 proved difficult as early
strength in crude oil was erased ahead of the close, denting CAD also.
-Attention Thursday turns to the FOMC rate decision, where no change to policy
is expected, as well as German and French trade balance, US weekly jobless
numbers and any fallout from the RBNZ rate decision (also exp. unchanged).

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