AUD vs CAD
Fundamentals favour the Australian Dollar by 33 points.
On the Macro Currency Strength Meter, the Australian Dollar scores +12 and the Canadian Dollar scores -21 — a gap of 33 points in favour of the Australian Dollar. The widest divergence is in interest rates, which favours the Australian Dollar. All else equal that gap is a fundamental tailwind for the Australian Dollar against the Canadian Dollar — though markets may already have priced much of it in.
Pillar comparison
Which currency wins each macro driver| Driver | AUD | CAD | Edge |
|---|---|---|---|
| Interest Rates | +65 | -24 | AUD |
| Growth | -31 | -4 | CAD |
| Positioning | +26 | -34 | AUD |
| Risk Mood | -7 | -4 | CAD |
| Commodities | -37 | -39 | AUD |
Strength gap over time
AUD minus CAD fundamental score — above zero favours AUD. The gap is currently +33 and narrowing.A widening gap means the fundamental edge is growing; a narrowing gap means it’s fading. Educational macro context, not a trade signal.