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Rocketman

Slight Policy Divergence btw RBA and BoC

Short
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
Rocketman  
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Beyond Technical Analysis CAD imbalance policydivergence
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beyondta cad imbalance policydivergence
There is a slight policy divergence between the Reserve Bank of Australia and the Bank of Canada in that the BoC stand more hawkish. Also, there remains a disproportionate polarity in the supply-demand play in oil.

This suggest that the CAD currency will continue to strengthen in the coming weeks and quarters ahead; and, for the trend in the fall of the AUDCAD exchange rate to continue.

*** Please see other posts regarding the BoC.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.

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