AUD/CAD Reverses Lower as China Slowdown, RBA Pause, and Oil Surge Shift Momentum to Loonie
Australian Dollar weakened broadly in the Asian session as renewed selloff in regional equities, disappointing Chinese data, and softer near-term RBA tightening expectations combined to undermine sentiment toward the currency. At the same time, elevated oil prices continued supporting Canadian Dollar, building up the case for the case of a deeper correction in AUD/CAD. Risk […]
















