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NZD/USD securing its grip on the 0.8100 level

FXstreet.com (New York) - The NZD/USD foreign exchange rate has started off the trading week entrenched at the 0.8100 level during Asian trading.

NZD/USD event risk

The NZD faces a very limited calendar this week with RBNZ Inflation Expectations and Visitor Arrivals on Tuesday. Away from the domestic front, the FOMC minutes and Jackson Hole Symposium will dominate most FX Markets for the duration of the week, beginning on Tuesday.

NZD/USD technical levels

The NZD/USD is situated at 0.8106, incurring marginal losses of -0.05% off its opening Monday. Briefing the technicals, the NZD/USD remains fortified by supports at 0.8093 (55-day MA), ahead of 0.8070 (200-day SMA), and 0.8040 (August 14 high).

USD/JPY awaits Japan trade balance below 97.80 key level

The USD/JPY foreign exchange rate is last trading at 97.58 bids, slightly higher from previous weekly close Friday, ahead of Japan trade balance data at 23:50 GMT, with a expected growing deficit due to higher imports than exports, although both increasing from previous figures.
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EUR/USD enters the week on up note but technically vulnerable

The EUR/USD rallied hard Thursday and managed to hold onto most of those gains Friday. Technicians warn that a big fall could be in the cards, though.
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