Listen to the market mood for AUDCAD in the coming session:
Weak CAD
The CAD should remain weak today as the Bank of Canada turned more dovish than expected yesterday and left the door open for a rate cut.
Strong AUD
The AUD should remain strong today as a class for an RBA rate cut has fallen after the latest jobs report showed a firmer than expected employment change and move down in unemployment.
Expectations
Expect AUDCAD buyers on pullbacks.
Risks to this outlook
If US-China trade relations sour, expect AUD weakness.