CADAUD CAD/AUD
- 1.0937
- +0.0002+0.02%
CAD/AUD News
Canadian Dollar Gives Mixed Performance on Holiday-thinned Wednesday
The Canadian Dollar (CAD) is treading water on Wednesday, trading within a scant tenth of a percent against its largest peer — the US Dollar (USD). US markets are shuttered for the midweek Juneteenth holiday, thinning out market volumes as investors look ahead to key data prints on Friday.
Australia's Federal Reserve's decision to "hawkishly" raise interest rates in August has ignited expectations. Short-term Australian government bond yields have jumped.
The hawkish stance of the Reserve Bank of Australia has prompted traders to increase their bets on a rate hike in August.
Australian Dollar Extends Upside on RBA Hawkish Hold
Australian Dollar (AUD) trades on a stronger note on Wednesday amid the weaker US Dollar.
Australia Stands Apart With Rate-Hike Pricing After Hawkish RBA
(Bloomberg) -- Australia’s central bank put the world on alert that it may buck global trends by raising interest rates again, with policymakers delivering what the bond market judged to be the most hawkish shock in a year.
Canadian Dollar Gets Pulled in Both Directions on Data-light Tuesday
The Canadian Dollar (CAD) is broadly mixed on Tuesday as CAD traders find their focus pulled elsewhere. A data-light week has sent the Canadian Dollar adrift, giving a mixed performance against the major currencies board.
Australian Dollar Buoyed by Rate-Hike Prospect -- Market Talk
The Australian dollar is buoyed by the possibility of an interest-rate hike in Australia, even as most market participants expect the next move will be a cut, MUFG currency analyst Lee Hardman writes in a research note.
Canadian Dollar Holding up Better Than Expected – Scotiabank
The Canadian Dollar (CAD) is a little softer on the day but continues to range trade between the recent US Dollar (USD) peak and trough, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
RBA Holds Rates Amid Stubborn Inflation
Citing stubborn inflation, the Reserve Bank of Australia (RBA) again held its key interest unchanged for the fifth-straight policy meeting, the central bank disclosed Tuesday.
Forex Today: Aussie Edges Higher on Hawkish RBA Hold, Focus Shifts to US Data
The Australian Dollar (AUD) stays resilient against its major rivals early Tuesday as markets assess the Reserve Bank of Australia (RBA) policy announcements and Governor Michele Bullock's comments.
Australia's central bank has kept interest rates unchanged as scheduled and remains vigilant about the upward risks of inflation.
The Reserve Bank of Australia has kept the cash rate unchanged at 4.35% for the fifth consecutive time which is the highest level in 12 years and it is in line with the market expectations. The RBA also emphasized that inflation is becoming troublesome and reiterated that "all possibilities cannot be ruled out".
RBA's Bullock: Board Discussed Whether to Hike Rates at the Meeting
Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at a press conference following the announcement of the June monetary policy decision on Tuesday.
Australia Holds Key Rate, Will Be 'Vigilant' on Inflation
Australia’s central bank discussed the case to raise interest rates on Tuesday before deciding to maintain current settings at a 12-year high as policymakers try to balance sticky inflation against a weakening economy.
Reserve Bank of Australia Keeps Rates Unchanged, Says Return to Inflation Target Unlikely to Be Smooth
The Reserve Bank of Australia kept its key interest rate unchanged in line with market expectations as consumer prices remained elevated and the labor market relatively tight.
Australia's central bank is expected to stabilize the economy! If it sends a signal of future interest rate hikes, the Australian dollar will challenge 0.6700.
Economists generally expect the Reserve Bank of Australia to keep interest rates unchanged at a 12-year high on Tuesday, and Governor Lowe may maintain his hawkish remarks at the press conference. If Reserve Bank of Australia Governor Lowe clearly signals a rate hike at the upcoming meeting, the Australian dollar against the US dollar may challenge 0.6700.
Australian Consumer Confidence Bounces Back Ahead of Tax Cuts, Wage Hike
Australian consumer confidence rebounded last week, recovering most of a fall seen in the prior week, with sentiment around household finances more upbeat.
RBA Looks Set for Fifth Consecutive Interest-rate Hold Despite Falling Inflation
The Reserve Bank of Australia (RBA) is unlikely to give into the pressure of a dovish policy pivot, as adopted by the Bank of Canada (BoC) and the European Central Bank (ECB) when it concludes its policy meeting on Tuesday.
Australian Dollar Expects Losses Ahead as RBA Decision Looms
AUD/USD extended its decline in Monday's session as market gears up for RBA decision.
Canadian Dollar in a Holding Pattern as Markets Await Meaningful Data
The Canadian Dollar (CAD) is trading tightly on Monday, with gains and losses mixed across the board and within a quarter of a percent against most of its major currency peers.
RBA Update: Central Bank Poised to Hold Cash Rate at 12-year Peak
The Reserve Bank of Australia (RBA) will claim a portion of tomorrow’s limelight during Asia Pac hours at 4:30 am GMT as it announces its fourth update this year.
BMO Sees Case For Another Canada Rates Cut Bolstered; Meantime, Awaits Housing Data
BMO Economics in its morning note said last week's rally, fuelled by "encouraging" CPI progress in the U.S., boosted rate cut expectations in Canada as well.