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Westpac's G10 FX model "eases back some of....>

FOREX
FOREX: Westpac's G10 FX model "eases back some of its risk averse tilts,
trimming back its AUD and NZD shorts and scaling back its USD long. The main
trigger is last week's firming in risk appetite gauges, reflecting both a less
strident Fed message and anticipation of a US-China trade was truce
(subsequently confirmed). The model is effectively flat AUD, trims its NZD short
slightly and winds back its USD long to a more modest +10%."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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