If It Can’t Sell Off on Bad News
Our medium-term bias for AUDCAD remains tilted to the upside and we’ll be keeping a very close eye on this week’s incoming Wage Index data.
Our medium-term bias for AUDCAD remains tilted to the upside and we’ll be keeping a very close eye on this week’s incoming Wage Index data.
It took longer than we thought, but it looks like the tide is finally turning for the AUDCAD.
President Lagarde released her inner hawk at the most recent ECB meeting – and EUR bulls paid the price for it.