AUD/CAD eyes 0.8875 support, await Australia CPI

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2018/08/f-aud-cad2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2018/08/f-aud-cad2.jpg 612w, https://www.actionforex.com/wp-content/uploads/2018/08/f-aud-cad2-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2018/08/f-aud-cad2-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2018/08/f-aud-cad2-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2018/08/f-aud-cad2-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The recovery of AUD/CAD since last September has been largely attributed to the divergence in monetary policies between RBA and BoC. While RBA extended its tightening cycle, BoC&#8217;s interest rate reached a plateau. The rally in December was particularly driven by speculations of an additional RBA rate hike, although the momentum lost steam after briefly [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/534276-aud-cad-eyes-0-8875-support-await-australia-cpi/">AUD/CAD eyes 0.8875 support, await Australia CPI</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>