AUD/CAD — News Archive

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Where Will AUD/CAD Go After Breaking Below 0.9100?

The Australian dollar vs. the Canadian dollar considered the direction of the main trend, continuing the downwards move. What could happen next is very interesting.

Canadian Dollar Firm After Surprising Bad Economic Data

The Canadian dollar was firm today even as domestic macroeconomic data was surprisingly poor. While the loonie fell versus its US counterpart, which itself got boost from positive domestic data, the Canadian currency was firm against other major rivals.

Failed Confirmation of 0.9104 on AUD/CAD

The Australian dollar versus the Canadian dollar currency pair delays its appreciation after confirming a very important weekly level.

AUD/CAD at the Major Support of 0.9222

The Australian dollar versus the Canadian dollar currency pair declined sharply and the first signs of slowing down occurred only around the 0.9222 support level.

The Australian Dollar Trying Its Best Against the Canadian Dollar

Even though the Australian dollar succeeded in extending above the important 0.9483 resistance level, it closed the week under this area. Surprisingly, this week gapped above it for a considerable amount of pips.

Canadian Dollar Mixed After Macroeconomic Reports

The Canadian dollar was mixed today, falling versus safe currencies, like the US dollar and the Japanese yen, but trading flat or even rising against others. Domestic macroeconomic reports did not help the currency to find direction as they were mixed themselves.

Canadian Dollar Ends Week Lower on Risk Aversion, Falling Oil Prices

The Canadian dollar ended the week lower, joining other commodity currencies in decline. The main theme of the week was risk aversion on the Forex markets, which made safer currencies the strongest, while hurting riskier currencies related to raw materials and growth.

Australian Dollar Weakens on Inflation, Comments from RBA Chief

The Australian dollar fell today as inflation missed forecasts and the central bank’s chief made dovish comments. While the currency has rebounded from the day’s lows as of now, currently it is still trading below the opening level.

US Dollar Ends Week Extremely Soft After Yellen Comments

The US dollar ended the week as the weakest major currency after Federal Reserve Chairwoman Janet Yellen made dovish comments, making speculators pare bets on an additional interest rate hike this year.

Australian Dollar Rallies Against US Dollar on Strong Employment Data

The Australian dollar today rallied higher against the US dollar to lift the AUD/USD currency pair to new heights after the release of positive employment data for March.  The Australian dollar’s rally lasted throughout the European session and only abated after the opening of the American session as the US dollar rallied higher.

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