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AUD/CAD: Former/Latter

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The next meetings of the Reserve Bank of Australia and the Bank of Canada will take place on consecutive days: 1 December for the former and 2 December for the latter. Both economies fall into the same economic categories. Each are export economies heavily dependent on a major import trading partner: the former on China, the latter on Canada. It seems that the US economy has recovered sufficiently enough for the Federal Reserve to consider a slow gradual tightening of monetary policy.

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