AUD/CAD inches above January high

The aussie is worth the same amount as the loonie.

AUD/CAD touched parity for the first time since August. The pair isn't a big mover with the commodity cousins tending to move in the same direction against the broader market.

AUD/CAD has been on either side of parity for years but in the longer run, the pair is nearing the top end of long-term range.

Monthly chart: