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The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.
The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.
Canadian Dollar Forecast: Pushing to Lower Levels or Correction Ahead?
Australian Dollar Forecast: AUD/USD Positives Fade, China Starts FX Intervention
Canadian Dollar Forecast: USD/CAD, CAD/JPY Risk of Reversal Rising 2021-05-13 09:35:00 Justin McQueen, Analyst USD/CAD | Watch Macklem for Possible Currency Comments CAD/JPY Beginning to Look Stretched on the Topside USDCAD: Since the BoC’s hawkish taper, CAD strength has been dominant with USD/CAD dropping over 4.8% and hitting a six year low. However, with the move looking somewhat overcooked, yesterday’s bounce from 1.2061 might be the first sign of a possible reversal. I must note that I have been in favour of CAD strength, given my Q2 trade idea. But with that said, the risk to rewar...