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Currently 1.0884 after holding the 1.0850 demand/support line earlier that I
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1.0900 1.0930 1.0950 1.0965 1.0985 1.1000 1.1025 1.1050
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Much less sludge was spilled than first estimated from a dam burst at a Brazilian iron ore mine last November which killed 17 people, co-owner BHP Billiton (BHP.AX)(BLT.L) said on Friday. Satellite assessments showed about 32 million cubic meters of sludge was released into the Rio Doce river, BHP said, citing information from mine operator Samarco, its joint venture with Brazil’s Vale (VALE5.SA). “The amount of tailings released is therefore significantly less than some initial estimates which were in excess of 50 million cubic meters,” BHP said.

It’s Friday and NFP day so what’s on your radar?
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Angela Merkel is having a tough time as de facto leader of the European Union, but Italy’s Matteo Renzi says he’s ready to fill the breach, writes Darrell Delamaide.
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It’s been a soggy week to say the least but ending the week on a positive tone
– Shanghai Comp Index +2.0% at 3186.41, but down 10% on the week
– CS1300 Index +2.0% at 3361.56, down 9.9% on the week
Both weekly showings are the worst since the crash of August last year

Earlier losses now being pared back into gains
– +0.4%