Wednesday, October 7, 2009

Citigroup maintains its short position in the pair AUD / CAD

Recent statistics have shown that the strengthening Canadian dollar on the Forex market has not brought the damage to the economy, which was expected, experts said Citigroup. "In addition, the Canadian dollar should benefit from favorable to his expectations on rates (approx. Profinance.ru: Meeting of the Bank of Canada October 20). We maintain our short position in the pair AUD / CAD", - added strategists Citi.

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