Credit Suisse expects growth luni, despite the negative external

At the auction on Tuesday USDCAD has reached the 6-week highs against the backdrop of the failure of the oil stay on the eve of altitude and the subsequent collapse below $ 70. Additional pressure on the luni, and has had a negative macroeconomic statistics from the United States, prompting investors to get rid of risky assets. However, despite the fact that the external background is not in favor of the Canadian currency, some experts expect a quick correction pair. For example, Daniel Katziv, currency strategist at Credit Suisse New York, recommends to sell the pair with the current levels with a view to C $ 1.10 and the stop-loss at C $ 1.1820.