View Single Post
Old 31-01-2018, 15:23
SFXOfficial's Avatar
SFXOfficial SFXOfficial is offline
Level IV Lasers Member
Join Date: Sep 2016
Posts: 206
Default AUD/CAD: Review & Forecast

The CAD is under pressure due to the oil price falling. However, the short deals seem more effective at the moment.
An upward trend was formed in December due to the improvement of the economic situation in Australia and the rising prices of the iron ore. On the back of strong economic statistics, investors have increased the probability of a rate hike by the RBA, although they did not plan to change their soft monetary policy.
More information see here

Reply With Quote