AUD/JPY: Aussie Inclines as S&P Affirms Australia’s Triple-A Rating

by AlgosysFx | February 28, 2013 3:45 am
The Australian dollar is deemed to maintain its incline opposite the Japanese yen today after ratings agency Standard & Poor’s affirmed Australia’s triple-A credit rating, forecasting steady growth. Meanwhile, the Yen is likely to be under pressure...

EUR/USD: Euro Drops as Italian Vote Points to Political Stalemate

by AlgosysFx | February 26, 2013 5:07 am
Heightened worries over another bout of political uncertainty in Italy are believed to continue debilitating the Euro alongside the US dollar today. In a national election tipped to push Italy further down its path of economic reform,...

USD/CAD: Loonie Falters on Grim Signs for the Canadian Economy

by AlgosysFx | February 25, 2013 7:04 am
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 The Canadian dollar is presumed to succumb further to the US dollar today on views that the Canadian economy stalled at the end of 2012, putting pressure on...

EUR/GBP: Expected Upbeat German Data to Buoy the Euro

by AlgosysFx | February 19, 2013 6:18 am
Despite dovish remarks by European Central Bank President Mario Draghi yesterday, the Euro is deemed to gain opposite the British pound today on continuing signs that the German economy is recovering quickly.

AUD/JPY: Yen Slumps as Japan Escapes G20 Crit

by AlgosysFx | February 18, 2013 3:40 am
The Yen is presumed to maintain its losses alongside the Australian dollar to begin the week after global financial leaders gathered in Moscow played down fears of a currency war and signaled they would not interfere in...

AUD/CAD: US Retail Sales Data Wane Loonie Contra Aussie

by AlgosysFx | February 13, 2013 12:17 pm
With the lack of supporting data from the Maple Leaf, the Canadian dollar is foreseen to make way for gains by its Australian currency peer. More of the Asian commodity dollar is perceived to be purchased after...

AUD/JPY: Aussie Maintains Dip on RBA Outlook, Home Loans Decline

by AlgosysFx | February 11, 2013 3:26 am
The Australian dollar is deemed to maintain its drop opposite the Japanese yen today after the Reserve Bank of Australia slashed its economic growth and inflation forecasts in its quarterly monetary policy statement released last Friday, suggesting...