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Chart in focus: Aud/Cad. Trouble down under, but looking rosy for Canada

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Follow AUDCAD live currency chart, automatically updated market news, historical data, currency movements and forecast from our expert commentary. Forex Charts > AUDCAD; AUDCAD. Published: October 27, Updated: November 9, by Forextraders. Live and Historical AUD/CAD Rates. Above is a chart of the Australian and Canadian dollars. This is not considered a major pair. Both countries are heavily dependant on commodity exports, but because of the relatively low volume of currency traded, this is not considered a commodity pair.

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A high interest rate in Australia, the forex market being relatively free of government interventions, and the stable Australian economy as well as political system as a whole — all of these trigger great interest of currency investors in the Aussie. Australia is an exporter of natural resources, agricultural products, and energy. That is why its economy extremely depends on natural resources. The Canadian dollar is the major commodity currency around the globe, which is always affected by crude oil prices, ferrous and non-ferrous metallurgy, and coal industry.

However, the main factor is oil, which is quite positive, as crude oil prices are easier to predict. The Australian dollar is directly correlated with gold, and the Canadian unit, in turn, is closely correlated with crude oil. Handelskonto eröffnen Demo-Konto eröffnen.

Australian Dollar vs Canadian Dollar. Höchstpreis Höchstpreis Höchstpreis für den letzten Tag des Handels. Höchstpreis für die letzten 52 Wochen. Mindestpreis für die letzten 52 Wochen. Service is temporarily unavailable. The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.

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This is not considered a major pair. The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.

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