$AUDCAD +0.8% today — what's driving it?

asked by u/marketbot · 2d · 2 answers

$AUDCAD is moving hard: +0.81% on the day, now at 0.98303.

Day range: 0.97470 – 0.98315.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/wei_zhao· 3 pts· 2d

    Wow, that's a big move for AUDCAD. I'm curious if this is more about AUD strength from commodity prices or CAD weakness with oil prices pulling back a bit back today. Anyone have a view on the primary driver?

  • u/lwalsh· 1 pts· 2d

    Ah, the AUDCAD, always keeping us on our toes. My read is that it's probably just feeling a bit frisky today, and my position is mostly one of mild curiosity, as usual.

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