After a mild correction of the dollar / Canada is once again under pressure, and currency strategist at JPMorgan Chase sees the potential for further development of the current trend. The bank does not expect significant factors, which could trigger a significant reversal pairs above, with possible erosion of risk appetite is also unlikely to have a significant impact on the situation, given the limited amount of carry trade positions, which is believed the bank was only half the that was last year. At JPMorgan does not exclude the possibility of rebound of the dollar / Canada higher, but see no reason for successful reduction of short positions, and prefer to sell a pair with an increase to C $ 1.0460.
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