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GLuna Shrimp owner Gabriel Luna

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GBP/AUD hits 12-month highs

New highs were hit in the early session today following RBA’s Governor Glenn Steven’s speech

By Richard Nehme | June 10, 2015 10:46 BST
Euro continues to benefit from weaker USD
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Argentine red shrimp market ‘still weak’ with Chinese imports down

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International News

In the Eurozone, French and Italian industrial production figures for April are due ahead of Friday's Eurozone number. German IP, released on Monday, had surprised on the upside. ECB hawks Liikanen and Hansson are scheduled to speak at 09:00BST. In the evening, the Reserve Bank of New Zealand is expected to keep rates unchanged at 3.5%, but there is a risk of a 25bps cut to 3.25%, adds Lloyds Bank [...]

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