Gold rallies to six months highs

FXStreet (Guatemala) - The yellow metal made advances once again on continued tensions over Ukraine with reports of Russian troop build-ups along the Ukrainian border.

AU made highs at $1374.53 on demand for the precious metal on safe haven values before ducking in below $1,370 where it is currently trading. There were reports of shots being fired at a Ukrainian Border Service patrol plane that was inspecting the area around the border. Gold has gained over $40 on the week and is completing a triple top at the highs with support there after coming in at $1,366.00.

Flash: USD/JPY, declines below Feb low at 100.75 favored - FXA

According to David Solin, Partner at FXA, there has been no change in the long held view of a large, complex topping in USD/JPY since the May high at 103.75.
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Flash: RBNZ tightening cycle to peak at 5.0% - BNZ

Bank of New Zealand's view that the RBNZ tightening cycle will peak at 5% was reinforced by Wheeler's monetary policy statement on Thursday, Kymberly Martin , Strategist at BNZ says.
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