Canadian dollar today fell against the U.S. currency to a mark 1.0550 against the backdrop of an overall strengthening of the dollar. As a result, reduce the Canadian currency has lost a few points accumulated since the beginning of the week. As the analysts Scotia Capital, earlier this week the Canadian dollar strenuously making up for lost time, since the growth of the Canadian currency came later than other commodity currencies. In addition, the strengthening Canadian dollar contributed to a slight reduction in spread between U.S. and Canadian two-year bonds, as well as the general negative sentiment against the U.S. currency. However, pay attention to the bank's strategy, given that many factors indicate a lack of support for this growth, today's upward movement is likely to be regarded as rehabilitative in anticipation of the momentum that will provide dollar / Canada, a further reduction. At the moment pair dollar / Canada is trading at 1.0520.
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