📉 **AUD/CAD Short — Fundamentals Say “Down”
The **Australian Dollar** is looking shaky:
* Business confidence is falling
* The RBA might **cut rates soon**
* And China (Australia’s top trade partner) is **slowing down**, which hurts demand for Aussie exports
Meanwhile, the **Canadian Dollar** is holding up better:
* Oil prices are steady — and oil is Canada’s strength
* Inflation is sticky, so the Bank of Canada is **more patient** with cuts
* Plus, Canada’s exports are still flowing strong
Put simply?
**Aussie is soft. Loonie is firm.**
This pair could slip lower — fundamentals favor **selling AUD/CAD**.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.