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China to unveil further policy measure to stimulate growth

FXStreet (Bali) - According to China Securities Journal editorial, via MNI, the Chinese central government will unveil more policy measures to stabilize growth, with the main focus on service sector, while boosting growth in underdeveloped areas, MNI reports.

MNI adds, in reference to China Securities Journal, that the government aims at "creating a more open and level playing field for companies." Lastly, the newspaper also said that "a government survey found most companies don’t want strong stimulus measures."

NZD/USD makes progress above 0.8630

NZD/USD has retained its bullish tone in the early going of Tokyo, with the exchange rate current breaking through 0.8630 to post a session high at 0.8644 ahead of 0.8650/60 resistance.
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EUR/USD clears 1.3830 swing high

EUR/USD was boosted in early Asia, setting a new session high of 1.3835 after recovering from its US losses at the 1.38 intersection.
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