Australian Dollar: Further RBA hike doubted – Commerzbank

Commerzbank’s Volkmar Baur sees only a 50% market-implied probability for another Reserve Bank of Australia (RBA) hike this year and disagrees with that pricing.
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USD/CAD Price Forecast: Remains in tight range near 1.4200, eyes on US NFP

The USD/CAD pair trades flat around 1.4210 during the European trading session on Thursday. The Loonie pair has remained sideways for over a week, with investors seeking fresh cues regarding the United States (US) interest rate outlook.
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