There is a slight policy divergence between the Reserve Bank of Australia and the Bank of Canada in that the BoC stand more hawkish. Also, there remains a disproportionate polarity in the supply-demand play in oil.
This suggest that the CAD currency will continue to strengthen in the coming weeks and quarters ahead; and, for the trend in the fall of the AUDCAD exchange rate to continue.
*** Please see other posts regarding the BoC.
This suggest that the CAD currency will continue to strengthen in the coming weeks and quarters ahead; and, for the trend in the fall of the AUDCAD exchange rate to continue.
*** Please see other posts regarding the BoC.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
