AUDCAD chart

AUDCAD chart by TradingView

AUD/CAD

Australia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price trends.


News


Australian Dollar Strength Falls Apart, Can AUD/CAD Breakout Last?

Strength in the Australian Dollar fell apart, but confirmation is needed before arguing AUD/USD may extend declines. AUD/NZD consolidation held while AUD/CAD attempts a breakout.
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Weekly Technical Forecast: Whether The Dows Trend or Dollar Range, Conviction Looks Wanting


AUD/USD and AUD/JPY May Extend Climbs as AUD/CAD Holds its Ground


Weekly Technical Forecast: Reversals are Taking with the Equites Up Four Week and the Dollar Back with Bulls


AUD/USD, AUD/CAD Prepare for Next Big Moves as AUD/JPY May Reverse


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