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China MOFCOM: Will continue to relax foreign investment rules for its auto industry

China commerce ministry (MOFCOM) out with the latest headlines, citing that they will continue to relax foreign investment rules for its auto industry, as reported by Reuters.

NZD/USD is losing height following NZ budget announcement

NZD/USD is on the retreat despite upbeat comments on growth and bullish long-term interest forecasts in the NZ budget.  The New Zealand government ex
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USD/CAD dips below 1.34, eyes oil price action

The USD/CAD pair dipped below 1.34 in Asia as the Canadian dollar remains well bid, tracking the uptick in the oil prices. Nears rising trend line su
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