The bearish run by the Canadian dollar opposite the Australian currency is projected to be extended today as risk appetite benefits the North American commodity dollar. Analysts are less bearish on the Loonie as data from the...
Despite soft economic data, expectations that the Reserve Bank of Australia will keep interest rates unchanged in its first policy meeting this year are deemed to lift the Australian dollar today.
The US dollar is foreseen to gain opposite the Australian dollar today on views that an expected buoyant Non-Farm Payrolls report could spur the Federal Reserve to start considering a rollback of its easy monetary policy.
After Mark Carney’s acknowledgment that the financial markets have improved, whilst warning that downside risks remain to the global economy, the Canadian dollar registers gains opposite the Australian currency.
The British pound is foreseen to extend its losses alongside the Euro today on expectations that the Bank of England is preparing to take more aggressive action to boost the UK economy, which is teetering close to...
The Euro is deemed to maintain its strength alongside the Japanese yen today on additional positive signs that Germany is gathering speed again after contracting in the fourth quarter, boosting prospects for the 17-nation bloc.
The Japanese yen is deemed to maintain its weakness opposite the Australian dollar today after Bank of Japan governor Masaaki Shirakawa reaffirmed plans for aggressive monetary easing as data showed the nation remained stuck in deflation in...
The USDCHF currency pair trends lower today as fiscal issues hound the world’s largest economy. The US dollar falls to the Swiss franc on improved sentiment for the Swiss nation.
After failing to surpass the 1.0500 mark and falling 53 pips in earlier exchanges, the Aussie-Loonie pair is making another hike. The Canadian dollar is projected to pare earlier gains from its Australian counterpart as investor sentiment...
The Euro is deemed to regain its strength opposite the Japanese yen today as the ZEW reports due today are deemed to underscore improving prospects for the Euro Zone economy as it attempts to emerge out of...
