Tuesday, February 16, 2010

BMO Capital Markets: the strengthening of the Canadian dollar may continue

As the currency analysts BMO Capital Markets, daily charts dollar / Canada indicate the likelihood of further reduction couples. According to analysts of foreign exchange bank in the case of growth dollar / Canada stumble to resistance in the 1.0525 area. As part of a downward movement in support of the bank's strategy put 1.0350 area. As for crosses with the Canadian dollar in the bank awaiting the resumption of strengthening Canadian currency. Pair dollar / Canada is currently traded at around 1.0427.

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