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With RBA and BOC Diverging, Chance to Short AUD/CAD?

posted by Avatar FXTimes 312 days ago in CAD, AUD, Fundamental

The Australian Dollar has come under pressure of late because of the expectations surrounding the RBA's next move with Westpac calling for a rate cut this year, and the overnight RBA meeting minutes sounding a dovish tone. The Bank of Canada on the other hand, which decided to hold interest rates steady today, sounded a slightly more hawkish tone i
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