Philippines peso slides to 20-day low as trade gap stays near record low, BSP hikes inflation forecasts The trade gap was $2.564 bln in December, near November's 10-month low of $2.566 bln and January's all-time low of $2.638 bln Feb 10, 2017By Boby Michael
RBA cuts Australia GDP forecasts; IMF says policy needs to stay accommodative The growth forecast for the year to June 30 was cut by 1% to 1.5-2.5% and the 2018 growth to 2.75%-3.75%, down 0.25 %, from the November forecast. Feb 10, 2017By Boby Michael
Indian rupee at 3-month high after RBI holds rates, charts suggest further gains Charts suggest more upside for the rupee, at least up to 66.60/dollar, in the near term. Feb 9, 2017By Boby Michael
NZ dollar down to 2-week low as RBNZ says exchange rate needs to fall, shares rise as rates held As expected, the RBNZ has left the official cash rate unchanged at 1.75% at the policy decision on Thursday. Feb 9, 2017By Boby Michael
Malaysian ringgit falls to 2-week low as trade surplus narrows, oil prices slide The ringgit that rallied 1.3% in January is down 0.4% so far this week. Feb 8, 2017By Boby Michael
Singapore annual jobs growth to 'stabilise' at levels far below previous years: Lim Swee Say The job addition will be not more than 25,000 to 40,000 in the next three to five years, the Manpower Minister said. Feb 8, 2017By Boby Michael
Asia stocks higher tracking Wall Street gains, Singapore dollar down Technically, the Singapore dollar could fall back to a multi-year low in a few weeks if the US currency keeps its momentum. Feb 8, 2017By Boby Michael
Euro, loonie major losers, yen, kiwi gainers as dollar stabilises Euro is headed south for 14-year low, yen north to 100/dollar if trends remain. Feb 7, 2017By Boby Michael
Australian dollar rises after RBA policy, at 21-month high vs euro The RBA left policy rates unchanged but said that inflation will pick up during this year. Feb 7, 2017By Boby Michael
New Zealand dollar rallies to 5-month high on inflation expectations ahead of RBNZ meet Analysts now predict a rate hike in 2018 though the central bank had forecast to keep rates until end of 2019. Feb 7, 2017By Boby Michael
Canadian dollar down ahead of trade, PMI data as Trump's NAFTA comments weigh If traders prefer to bet more on the loonie downside, USD/CAD can soon rise to levels above 1.3500 from the current 1.30 region. Feb 7, 2017By Boby Michael
Gold up to 12-week high as slow wage inflation reduces Fed hike chances, palladium near 6-year peak Silver and platinum too are trading near multi-month highs. Feb 6, 2017By Boby Michael
Euro falls most among majors amid mixed cues from Germany, EUR/USD parity back in focus Technically, the euro is more poised to the downside rather than the upside despite a slight uptrend in place since January. Feb 6, 2017By Boby Michael
Aussie dollar off 12-week high vs greenback as retail sales data disappoints, NZD up Retail sales in Australia unexpectedly fell 0.1% month-on-month in December when analysts had been expecting a 0.3% gain. Feb 6, 2017By Boby Michael
Indonesian rupiah in tight range vs USD ahead of Q4 GDP data, Trump concerns remain USD/IDR slipped to 13,335 on Friday from the previous close of 13,398, and the gain in the rupiah was well within the 13,200-13,450 per dollar range, in place since January. Feb 5, 2017By Boby Michael