Going long on AUDCAD

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Australian Dollar Canadian Dollar traded at 0.88044 this Tuesday June 27th, increasing 0.00190 or 0.22 percent since the previous trading session. Looking back, over the last four weeks, AUDCAD gained 0.92 percent. Over the last 12 months, its price fell by 0.95 percent. Looking ahead, we forecast Australian Dollar Canadian Dollar to be priced at 0.87195 by the end of this quarter and at 0.84942 in one year, according to Trading Economics global macro models projections and analysts expectations.

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