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The Antipodeans have reversed earlier.........>

FOREX
FOREX: The Antipodeans have reversed earlier losses and sit atop the G10 pile as
we type. They had already moved off their respective lows towards neutral levels
& extended gains as the RBA offered to buy A$5bn of ACGBs in the first round of
its bond purchase scheme announced yesterday. AUD/USD last trades +47 pips at
$0.5792. NZD/USD sits at $0.5729, 40 pips better off. AUD/NZD +44 pips at
NZ$1.0108 as we type, after briefly falling below parity on Wednesday.

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