AUD/CAD targets 0.9889 as BoC dovish risk supports breakout setup

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AUD/CAD moved higher this week as markets increasingly positioned for a divergence in policy outlook between the RBA and the BoC. Attention now turns to the BoC decision today, where rates are expected to remain unchanged at 2.25% for the third consecutive meeting. Notably, this level already sits at the lower bound of the Bank’s […]The post AUD/CAD targets 0.9889 as BoC dovish risk supports breakout setup appeared first on ActionForex.