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      USD/CAD pierces big level to upside

      USD/CAD posted an intraday 52-week high but failed to close higher.

      There is a new USD/CAD 52-week high in place, but not on a daily close basis. Today's price movement punched a 52 week high but it came down, closing the day below.

      AUD value helping non-mining sector - Rabobank

      Analysts at Rabobank explained that according to a report published by the RBA last week, “recent declines in bulk commodity prices have reduced the growth of household income, company profits and government revenues”.
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