The AUD/CAD currency cross (Australian Dollar/Canadian Dollar) is the relation of the Aud against the Cad. The AUD/CAD cross currency gives one the possibility to convert Australian Dollar’s directly into Canadian Dollar’s. (1 AUD per x CAD)
Forex Knowledge: Australian Dollar/Canadian Dollar
- Typical broker spread: 3-5 pips
- Currency pair type: cross
- AUD/CAD Nickname(s): N/A
- Most active trading sessions: US session / AUD economic events / CAD economic events
- Most active trading hours: 11:00 GMT – 17:30 GMT
- Average daily range (high-low): 125 pips
- Trading strategies to trade AUD/CAD: Click here
- Recommended level of trading experience: Advanced
- Value of one pip AUD/CAD: Variable
Economic Events That Move The Australian Dollar/Canadian Dollar
AUSTRALIA
- Trade Balance
- Current Account
- Exports
- Gross Domestic Product (GDP)
- Consumer Price Index (CPI)
- Retail Trade
- RBA Rate Decision
- RBA Governor Speaks
CANADA
- International Merchandise Trade
- Gross Domestic Product Quarterly (GDP)
- Ivey Purchasing Managers Index (PMI)
- Leading Indicators
- Consumer Price Index (CPI)
- Retail Sales
- Bank of Canada Rate Decision
- Bank of Canada Governor Speaks
- Net Change in Employment