Both of these curencies are regarded as commodity currencies, CAD is more closely related to US economy because it is their largest trading partner and neighbor. The AUD is more effected by its alignment with Australia and emerging Asian markets. Regarding fundamental analysis for this week, we are expecting bad news for AUD (Employment change and Unemployment...
The growing number of people infected with coronzvirus will make investors to get into safe-haven assets. USA blame China thet they didn't took a higher response to tje virus. There are also growing fears that the ongoing rally in the equity space – fed by central bank liquidity – are building up to a sharp correction, especially if the Chinese virus is seen to...
