USD/JPY: Yen Falls as BOJ Reiterates Easing Commitment

by AlgosysFx | October 23, 2012 4:44 am
The Japanese yen is foreseen to continue weakening opposite the US dollar today as views of additional monetary easing by the Bank of Japan intensify after the central bank governor Masaaki Shirakawa stressed his resolve to maintain...

EUR/GBP: Euro Gains from Spanish Regional Assembly

by AlgosysFx | October 22, 2012 8:18 am
Gains are forecast to be had by the Euro today against the British pound in spite of a technical resistance at the 0.8144 price mark. EU leaders took a step forward on the path toward a banking...

EUR/GBP: EU Summit Breakthroughs to Bolster the Euro

by AlgosysFx | October 19, 2012 7:15 am
The Euro is foreseen to continue its gains opposite the British pound as sources reveal that European leaders are taking a positive leap toward establishing a single banking supervisor for the Euro region.

USD/JPY: Bank of Japan Easing Views Weighing on the Yen

by AlgosysFx | October 18, 2012 2:12 am
The Japanese yen is foreseen to weaken opposite the US dollar today after sources reveal that the Bank of Japan will likely cut its growth forecasts and could debate expanding its asset-buying program later this month.

EUR/GBP: Euro Gains Ahead of the EU Economic Summit

by AlgosysFx | October 16, 2012 7:10 am
In the previous European trading session, the Euro advanced versus the British pound as markets look ahead to this week’s European summit, where the European finance leaders would discuss about ways to stem the debt crisis.

NZD/USD: Slower Inflation Weakens the Kiwi

by AlgosysFx | October 16, 2012 1:38 am
The New Zealand dollar is foreseen to incur losses opposite the US dollar today as the Kiwi nation’s annual inflation hit its lowest level in nearly 13 years in September, reflecting a strong currency and a slack...

USD/JPY: Yen to Drop as Economic Threats Mount

by AlgosysFx | October 12, 2012 1:57 am
The Japanese yen is foreseen to dip opposite the US dollar today as prospects for the Japanese economy continue to weaken while the US released a buoyant jobs report.