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Keep a close eye on oil and equities for AUDCAD

Keep a close eye on oil and equities for AUDCAD

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Arno Venter
11/05/2020 | 14:21 GMT

Trading AUDCAD on sentiment shift

AUD sentiment turns bearish after comments from some Chinese officials who would like to see the US Phase One trade deal re-negotiated. CAD sentiment is supported after Saudi Aramco cut its oil production in excess of OPEC+ cuts. This leads us to a AUDCAD sell bias. Watch the video to find out more.

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