USD/JPY knocked down by denial on sales tax delay

USD/JPY is trading sharply down following denials to a possible delayed sales tax hike by Japan's chief govt spokesman, with the rate currently at 115.33 after testing offers above 116.00 late on Tuesday.
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NZD above fundamental fair value - ANZ

Sam Tuck, Senior FX Strategist at ANZ suggests a medium term bearish outlook for NZD/USD in lieu of the fundamentally bullish USD and fundamentally overvalued NZD.
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