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Session Recap: USD mixed within recent ranges

FXstreet.com (Córdoba) - The USD trades mixed against major currencies but within recent ranges. Main drivers Thursday have been the Antipodean currencies which have been propelled in opposite directions by domestic news.

NZD/USD rallied to a nearly 1-month high of 0.8155 after the RBNZ left rates unchanged as Governor Wheeler said rate increases "will likely be required next year". On the other hand, the Australian dollar pulled back from 3-month highs back below 0.9300 after soft domestic jobs data.

Elsewhere, majors continue to consolidate, with EUR/USD a touch weaker around 1.3300 and GBP/USD hovering over 1.5800. The USD/JPY extended its pullback into a second day, sliding toward 99.19 as traders grew cautious ahead of the upcoming FOMC meeting.

Main Headlines in Europe:

Germany: Wholesale Price Index drops 0.6% in August

Flash: What can we do with the EUR/USD? – Commerzbank and UBS

Global equities waiver in direction, ECB eyed in Europe

ECB Monthly Report: Recovery in the Eurozone is progressing as expected

EMU: Annual Industrial Production surprises to the downside in July

BoE: Forward guidance to support economy by reducing uncertainty

EUR/USD testing 1.3300 level after earlier drop

The EUR/USD foreign exchange rate has made a concave recovery during the afternoon of European trading Thursday (earlier lows at 1.3283), inching back towards the 1.3300 level.
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Flash: EUR/USD to fall to 1.2800 in 3 months - UBS

According to the UBS analyst team, a continued weakening of US housing data and weaker than expected wholesale sales Wednesday have, if anything, increased the uncertainty about whether the Fed is going to start tapering off its monetary easing next week.
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