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$AUDCAD +0.8% today — what's driving it?
$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. 👇
2 comments · 4 points
2 Comments
LWu/lwalsh·1mo
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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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?