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The Australian Dollar sits in a precarious position as retail traders boost their bullish bets on the currency. Is this a warning sign that AUD/USD and AUD/JPY could have more room to weaken?
The Australian Dollar underperformed against the US Dollar last week despite a hotter-than-expected local CPI report. Could an RBA rate hike revive AUD/USD bulls?
USD/CAD appears to have reversed course ahead of the April low (1.2403) as the exchange rate extends the series of higher highs and lows from last week.
USD/CAD dropping to multi-month support as US Dollar momentum slows.
USD/CAD is on the move after breaking down below support, the next big level to watch is the yearly low.