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NZD edging higher on the back of a solid.......>

KIWI: NZD edging higher on the back of a solid beat in NZ Q2 retail sales
ex-inflation at 1.1% Q/Q vs. exp. 0.3%, while the prior reading was revised up
to 0.3% Q/Q from 0.1%.
- NZD/USD has registered a high of $0.6720, with focus on the aforementioned
$0.6750 (pre-RBNZ) area.
- AUD/NZD has broken below NZ$1.1000, to register a low of NZ$1.0949, with bears
looking to the Aug 03 low (NZ$1.0920).
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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