Thursday, February 11, 2010

Canadian dollar is enjoying growth

The Canadian dollar is rising the third day in a row - the longest period of ascent over the last five weeks, associated with the negotiation of European leaders on the Greek question. Canadian, as a rule, following the stock and commodity markets, reaching the maximum of a week, when oil prices exceeded the level of 75 dollars per barrel. "Today, we prefer to monitor developments on the part of," - noted in the Bank of Montreal. "If from Europe will come good news of interest to risk may flare up again." The Canadian currency strengthened 0.6% against the dollar to 1.0557. Analysts advise the bank to sell the currency if the dollar / Canadian will reach 1.0725.

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