Attention!
The info below is valid for 10:35 on 21.11.2024.
We'll update it at 00:00 on 21.11.2024.
AUD/CAD
0.90994
-0.15%
High 0.91107
Low 0.9085
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Spread
0.00029 pt
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Spread (%)
0.03187 %
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Swap Long
-11.35 pt
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Swap Short
-2.44 pt
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Initial Margin
0 $
-
Maintenance Margin
0 $
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AUD/CAD news and strategies from FBS analysts
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How Will BoJ Meeting Affect the Yen
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus
USDCAD to Rise as Crude Oil Prices Weigh on the Canadian Dollar
Oh, the poor Canadian Dollar. It's been underperforming against the US Dollar lately, extending its losses from last week. What's causing this unfortunate turn of events? Well, it's none other than crude oil - a key export of Canada. The black gold has been taking a beating lately, with WTI down almost 7 percent in recent times. This has been caused by fears of a global growth slowdown, as...
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