AUD/CAD: Loonie Dips as BOC Signals Longer Rate Pause

The Canadian dollar is deemed to lose further ground opposite the Australian dollar today as the Bank of Canada lowered its economic estimates and said it will likely keep interest rates unchanged longer than previously anticipated. Meanwhile, the Aussie is believed to receive a lift from a buoyant update from China’s manufacturing sector, bolstering prospects further for the Chinese, as well as the Australian economy.

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AUD/JPY: Aussie Loses Ground as Trade Deficit Widens

The AUDJPY’s easing from a 40-month high is deemed to continue today as a larger than expected trade deficit in Australia is seen to weigh on the Australian

AUD/JPY: Aussie Up as RBA Minutes Show No Signs of Another Rate Cut

The Australian dollar is believed to maintain its strength opposite the Japanese yen today as the Reserve Bank of Australia did not provide fresh hints of further rate

AUD/USD: Safety Bets Rise as Fiscal Cliff Talks Stall

The US dollar is seen to shine as an apparent stalemate on talks over averting a fiscal cliff is deemed to incite risk-off trades today. As the White

AUD/USD: Strong Holiday Sales to Buoy Market Sentiment

Market moods are seen to maintain their buoyancy today on positive indications that the year-end holiday shopping season will provide the US economy a needed boost. Research firm

AUD/JPY: Aussie Rises on Chinese Data; Yen Falls as Economy Contracts in Q3

In the previous Asian trading exchanges, the Australian dollar advanced versus the Japanese yen on returning risk appetite amidst signs that the Chinese economy is improving. Meanwhile, the

USD/CHF: Consumer Spending and Housing Stats Improve Sentiment

The US dollar is presumed to gain opposite the Swiss franc today on increasing signs that the US economy is gaining steam to conclude the year. Yesterday, the

AUD/USD: Consumer Spending and Housing Stats Improve Sentiment

The US dollar is presumed to gain opposite the Swiss franc today on increasing signs that the US economy is gaining steam to conclude the year. Yesterday, the

Aussie and Kiwi Close in Position to Make New Highs Next Week

Sellers took it easy on the Dollar on Friday following a week which saw the greenback give back much of its recent gains. Sellers took it easy on the

Investors Focusing on Australian Economy

The Australian Dollar could be looking at a sharp sell-off as signs are out there that investors are focusing more on the Australian economy than the higher yields