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NZD/USD stops triggered through 0.6850

FXStreet (Guatemala) - NZD/USD is currently trading at 0.6858 with a high of 0.6867 and a low of 0.6784.

NZD bulls are bak to the table and taking control as Asia gets their feet on the ground with stops triggered through 0.6850. There has been a great deal of volatility on the Greek debacle that has come about over the weekend and markets are getting set for a Grexit that will be detrimental to the financial system, sending gold higher and favouring alternatives to the euro.

The NZD has been less effected as a result of the news but remains vulnerable to the on-going uncertainty in the markets. The greenback will be attracting a great deal of interest this week also while we await the Nonfarm Payrolls data due on Friday.

AUD/USD turns positive, tests 0.7700

AUD/USD bounced-off fresh 2-month lows and jolted higher in mid-Asian trades, recovering swiftly from below 0.76 barrier. The Aussie bulls jumped back into the bids as traders ditched the negative sentiment around Greece and swung back higher as the latest easing effort by China offered the bulls some respite.
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USD/JPY regains 123 and beyond

The US dollar manages to fight back lost ground somewhat against the Japanese currency in the mid-Asian session, with USD/JPY back above 123 handle. The major recovered half its slide as markets absorb the latest developments surrounding Greece while broad based US dollar strength continues to support.
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