AUDCAD

Trade of the week GBPUSD stays in range before NFP The pound sterling is currently in a narrowing consolidation range between 1.2900 and 1.3280. This reflects the market’s indecision as MPs head back to the UK Parliament after the… Read More

Trade of the week: GBPAUD Keeps Calm and Moves Up Prime Minister Boris Johnson’s landslide victory may finally bring an end to the Brexit deadlock. In their biggest election win since Margaret Thatcher’s 1987 triumph, the Conservatives… Read More

AUDCAD or AUD/CAD is shorthand for the pair composed of the Australian Dollar and the Canadian Dollar. Sometimes it's known as the Aussie-Loony, from the nickname given to the respective currencies. The value corresponds to how many… Read More

The Reserve Bank of Australia decided to keep the current policy unchanged in its meeting earlier today at 1.5% as widely expected, despite the fact that the Labour Market in Australia is showing clear signs of slowing down over the past… Read More

The significant move in global markets at the end of last week was due to the latest developments in the US regarding Hillary Clinton's email investigation. The market is bracing for many economic releases and events this week, which are… Read More

During the Asian session today, all eyes were on inflation figures from Australia which, unlike other nations, publishes inflation data on a quarterly rather than monthly basis. Today’s figures showed a positive surprise, which sent the… Read More

After the dramatic impact of the ECB decision yesterday, the markets are still not done for the week, as the traders and investors are still digesting the ECB Chairman Mario Draghi confusing remarks, which led the Euro to decline below 1.09… Read More

Unemployment Rate Falls But So Does Participation The Australian Dollar came under pressure overnight in response to the latest Australian labour market data. The Unemployment rate moved lower in September, falling to 5.6% from 5.7%… Read More

The last trading day of the week comes with a few economic releases during the Asian and European sessions, and the US session has only one important report from Canada, which is set to have a notable impact on the markets ahead of the… Read More