S&P: Australian ratings affirmed at AAA/A-1; Outlook stable

FXstreet.com (Barcelona) - S&P just crossed the wires to affirm Australian ratings at AAA/A-1, adding that "the outlook is stable." In further comments extracted from the official release, the S&P thinks Australia on the right track in terms of monetary and fiscal flexibility.

Jul 18, 2013

Flash: time to turn more upbeat on the Philippine Peso - Westpac

According to Jonathan Cavenagh, FX Strategist at Westpac, the outlook for PHP in the next 1-2 months looks more upbeat. The view from Cavenagh reflects several factors - "a more positive seasonal environment, PHP lagging equity market performance and broader Asian currency sentiment, a resilient domestic growth story and less exposure to capital outflow risks compared to other economies within the region."

S&P: Australian ratings affirmed at AAA/A-1; Outlook stable

Flash: time to turn more upbeat on the Philippine Peso - Westpac

Australia 2Q National Australia Bank's Business Confidence (QoQ) decreases to -1 vs 2