AUDCAD

EURAUD Under Pressure for Lack of Positive Catalyst While the euro has been hammered by bitter dissension lately between members in regards to the rescue package, there could be light at the end of the tunnel. As countries started to… Read More

EURCAD Feels Pressure as Rescue Talks Linger The euro continues to slide against the Canadian dollar from its March peak as the prospect of a pan-European stimulus drags on. EU leaders have failed so far to find common ground on the size… Read More

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