The barrage of negative news about Australia continues as the RBA minutes commentingthat the country’s outlook has ‘significant uncertainties’ and saw risks of ‘marked slowing’ in dwelling investment in one to two years’ time. The House Price Index chimed in tune with the RBA comments, declining not only by more than expected but also for a fourthconsecutive quarter. The decline, which started off with a modest 0.7% q/q drop in 2018Q1 ended the year with a whopping 2.4% q/q decline, despite consensus forecasts hoping for better news.


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Today I want to share with you my intraday analysis of AUD/CAD. 
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