RBC Capital Markets predicts growth of dollar / Canada in the short term

The Canadian dollar plummeted, along with the other sensitive to the risk of foreign currencies against the backdrop of the publication of economic statistics for the United States. Meanwhile, investors ignored the data for Canada, which showed less significant than expected decline in sales in the manufacturing sector (by 0.1% to C $ 41 billion). According to analyst RBC Capital Markets, the levels of C $ 1.1275 and C $ 1.1217 would bring short-term buyers up to the initial resistance at C $ 1.1355 and then, perhaps, to C $ 1.1477.