Aud/Cad
the price of*oil*has been a supporting factor to the Loonie on demand factors, but that comes second the trade war headlines that have seen a vast improvement in terms of optimism for a trade deal in the past 48-hours, subsequently giving*the Aussie a fresh tank of oxygen. Should there be a continued improvement there,*risk appetite*flooding back will only go to serve a less dovish Reserve Bank of Australia outcome*next month and likely support the Aussie further. However, will it put the bank on par with the BoC? *Probably not. Should the Bank of Canada hold-off after a strong GDP number, the floor in AUD/CAD could melt away and keep the cross on the backfoot for an extended period of time.*


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