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June 20, 2012

NZD/USD gets a boost to new high after strong GDP data

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New Zealand's GDP data for the March quarter came in strongest since Q1 of 2007. This bodes well for the Kiwi on top of the boost it already has been getting from risk-on trading in June, which stems from the markets hope for an eventual European fiscal union. Today's the market was left indecisive... FF News: Technical

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