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Flash: EUR looks very expensive - Westpac

FXstreet.com (Barcelona) - The USD has now found a strong base and should see multi-day gains going forward, says Westpac Global Strategy Group. The key, according to Westpac, will be "the raft of Fed speakers due next week and to what extent they mimic Bernanke's more hawkish stance." The personal view of the bank is that EUR looks very expensive.

Flash: AUD/NZD, close below 1.18 risks 1.1725, 1.16 - ANZ

After a squeeze higher in AUD/NZD failed to gain traction, the price action suggests a shallow 1.1840- 1.2150 range at best, says Tim Riddell, Head of Global Markets Research at ANZ.
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Flash: USD/G10 sell-off potential to be self-sustaining - Nomura

After the clear signal from the Fed that intends to taper QE soon, which resulted in a sustained $/G10 sell-off, according to Nomura FX Strategist Jens Nordvig, the flow story has potential to be self-sustaining in the current phase.
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