Gold takes back losses on China data

Gold prices recovered from the lows to trade largely unchanged on the day after the data in China heightened concerns regarding the slowdown in the global economy.
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NZD/USD consolidates to the downside post China PMI

The New Zealand dollar remains heavy versus its American counterpart in the European morning, with NZD/USD now testing lows bear 0.6260 levels, as markets continue to digest the latest below estimates Chinese manufacturing PMI reading.
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