Currency Alerts

Aussie Trades Below 1.03 Against Canadian Dollar

The Australian dollar extended its Asian session sell-offs against its Canadian counterpart in early European deals Wednesday, falling back to below the key 1.03 mark after a gap of more than a month.

The aussie-loonie pair has crossed the 61.8 percent retracement target and the extension of bear-run could lead the pair challenge the 50.0 percent retracement level at 1.0240.

by RTTNews Staff Writer

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