RTTN: Australian Dollar Jumps To Near 3-month High Against Canadian Dollar
Extending previous session's rally, the Australian dollar touched 1.0440 against its Canadian counterpart around 8:15 am ET Monday, its strongest level since August 14.
The aussie-loonie pair has been trading higher since it met the key demand zone of 0.9915/60 in early October. The currency cross is expected to extend its rally towards the key supply level of 1.0590/1.06.