Posts published in April 2020

Australian Dollar Soft as Market Sentiment Worsens

The Australian dollar traded lower for the most part today as traders’ optimism was evaporating. The relatively positive Chinese macroeconomic data was unable to provide the Aussie a boost. Economic indicators in Australia itself…

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AUD/CAD Back at 0.9093

The Australian dollar versus the Canadian dollar currency pair is testing the important area of 0.9093. Where could the market go to? Long-term perspective The firm retracement that etched the low of 0.8062…

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