Japan Machinery Orders (YoY) came in at -3.6%, below expectations (-3.1%) in December

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Feb 17, 2016

Japan Machinery Orders (MoM) below forecasts (4.7%) in December: Actual (4.2%)

Westpac recommends selling strength in NZD/USD to 0.6730 with a stop-loss order at 0.6780 and a multi-month target of 0.6200.