USD/CAD
The
Canadian dollar continues to be in demand after comments by the senior
deputy governor of the Bank of Canada. Investors
realized that the Central Bank is able to raise the rate this year. USD/CAD
updated the April lows in the area of 1.3223 and approached the support line 1.3200, which could stop the
downward movement and create a correction.
AUD/NZD
The
pair continues to move within a wide range. Positive
dynamics of the economy and rising inflation will allow the Reserve Bank of Australia to raise rates in the first half of next
year, while the Reserve Bank of New
Zealand restrains developments in the real
estate market. The
Australian Dollar is expected to grow towards the New Zealand dollar to 1.15.
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