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September 10: Asian session

FXBAZOOKA.com  -  The US dollar extends the rally versus the Japanese yen and the Australian dollar, pushed up by the higher US yields. The USD/JPY pair hit a new six-year high of 106.55.

AUD/USD extended the decline for a third day in a row, hitting $0.9150. This is the lowest level since March 2014. Demand for the Aussie dollar in carry trade operations declines. Westpac Consumer Confidence index for September unexpectedly contracted from +3.8% to -4.6%. NZD/USD consolidates around $0.8240, slightly above the yesterday’s low of $0.8220. Markets await the RBNZ policy review late on Wednesday.

The euro and the pound are got some relief on Wednesday. EUR/USD consolidates around $1.2930, above the yesterday’s low of $1.2850. GBP/USD recovered to $1.6130 from the yesterday’s minimum of $1.6060. British Prime Minister David Cameron asked Scots on Tuesday not to vote for independence in next week's referendum after an opinion poll showed growing support for secession.

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