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***Softer-than-expected Australian......>

AUSSIE-KIWI
AUSSIE-KIWI: ***Softer-than-expected Australian wage data has taken the wind out
of the sails of the cross, the rate plunging from around N$1.1100 to N$1.1035.
Q3 wage price data further highlights the excess capacity that still exists in
the labour market, the data came in at 0.5% q/q against MNI's median of 0.7%
q/q. Key-support is now located at N$1.1013-12 (Nov8-9 lows), a break lower to
expose N$1.0956 (Daily cloud top), while forays toward N$1.1000 will likely to
encounter solid resistance. Aussie-kiwi was last at N$1.1040.

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