Japan: National CPI Ex Food, Energy (YoY) (July): -0.1% vs -0.2%

AUD/NZD remains vulnerable under 1.1597; bears need break of 1.1415 to confirm thesis

Of the two countries, Australia has been the more bearish economically – short-term Fonterra problems in New Zealand aside. Will this continue? The chart of AUD/NZD says, “Yes”.
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