« Back

AUD/CAD Reverses Lower as China Slowdown, RBA Pause, and Oil Surge Shift Momentum to Loonie

Australian Dollar weakened broadly in the Asian session as renewed selloff in regional equities, disappointing Chinese data, and softer near-term RBA tightening expectations combined to undermine sentiment toward the currency. At the same time, elevated oil prices continued supporting Canadian Dollar, building up the case for the case of a deeper correction in AUD/CAD.
Date: 19.05.2026  |  Source: actionforex.com
Read Full Story

Stay Informed!

Follow us on social media so you don't miss important news:

Get smart forecasts, analytics, and valuable insights — install our mobile app for even more power!

Quotes

Instrument Price Change (%)
EURUSD 1.164100 -0.13126%
GBPUSD 1.341220 -0.1489%
USDJPY 158.943000 +0.13041%
XAUUSD 4540.860000 -0.55408%
USDCAD 1.374810 +0.070605%
NZDUSD 0.585530 -0.37207%
USDCHF 0.785610 +0.20408%
AUDUSD 0.713490 -0.51809%
EURGBP 0.867920 +0.016133%
EURJPY 185.024000 -0.038899%
GBPJPY 213.170000 +0.008914%
AUDJPY 113.407000 -0.33221%
CADJPY 115.608000 +0.10304%
CHFJPY 202.306000 -0.052368%
NZDJPY 93.054000 -0.20912%
GBPCHF 1.053680 +0.13019%
EURCHF 0.914520 +0.033909%
USDMXN 17.299100 +0.23815%
USDZAR 16.649090 +0.39582%
USDTRY 45.566490 -0.010116%
USDRUB 72.440000 +0%
USDSEK 9.406650 +0.37304%
USDCNY 6.800700 +0.017648%

Upcoming Important Events

Time Country Event Forecast Previous
19.05.2026
06:00 🇬🇧 Unemployment Rate (Mar) 4.9 4.9
12:30 🇨🇦 Inflation Rate YoY (Apr) 3.1 2.4
20.05.2026
06:00 🇬🇧 Inflation Rate YoY (Apr) 3 3.3
18:00 🇺🇸 FOMC Minutes
23:50 🇯🇵 Balance of Trade (Apr) -29.7 667
21.05.2026
07:30 🇩🇪 S&P Global Manufacturing PMI (May) 51 51.4
08:30 🇬🇧 S&P Global Manufacturing PMI (May) 53 53.7
08:30 🇬🇧 S&P Global Services PMI (May) 51.8 52.7
12:30 🇺🇸 Building Permits (Apr) 1.4 1.363
12:30 🇺🇸 Housing Starts (Apr) 1.41 1.502