Wednesday, July 8, 2009

RBC Capital Markets expects the restoration of the Canadian currency

According to analyst RBC Capital Markets, investors should buy Canadian Dollar ravnovzveshennoy against a basket of currencies that includes the U.S. dollar, British pound and the New Zealand dollar, given the recent easing of excess currency of Canada. Currency strategists Bank believe that the Canadian dollar, which in June showed the worst results among the Group of Ten currencies, ready to regain its position, and this restoration will be most significant in relation to the currencies, which have demonstrated the most impressive growth. A pair of U.S. / Canada at the moment, trading at around 1.1640.

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