AUD/JPY: Aussie Remains Supported as Business Confidence Holds Up

The Australian dollar is deemed to sustain yesterday’s rise opposite the Japanese yen as a report showed Australian businesses remain cautiously confident amid improvements in the global economy despite difficult conditions at home. Meanwhile, the Yen has once again come under renewed pressure after a US Treasury official indicated support for Japan’s efforts to end deflation.

Continue Reading...

AUD/JPY: Aussie Gains as Positive Data Support RBA Views

Upbeat economic data from Australia are foreseen to buttress views that the Reserve Bank of Australia will hold interest rates unchanged at the conclusion of its meeting today.

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

NZD/USD: Dimming Outlook for Australia to Weigh on the Kiwi

The New Zealand dollar is foreseen to weaken opposite the US dollar today as a deteriorating outlook for Australia, its largest trading partner, is likewise seen to dampen