Canadian the dollar does not leave attempts to continue growth

Attempts dollar/kanada to rise above continue to meet aggressive repulse of bulls on Canadian dollar, and today the pair dealers notice again, that on the party of sellers the large American bank acts. Now the dollar/kanada bargains about $1.0810, having reached a minimum in the field of $1.0807 and and not having managed while to overcome optsionnyj a barrier around a figure. Analysts Scotia Capital mark could not overcome ofera in the field of $1.0870 that has provoked the reduction of the long positions which have poured out in prompt decrease in a direction of $1.0800, thus absence of any essential economic reports from Canada which could provoke the further growth loonie, and also the general strengthening of the American currency and Canadian dollar rally recently which prepolagajut the period of some consolidation on the threshold of session of Bank of Canada next week. Currency strategists BMO Capital Markets adhere, in the meantime, to the similar point of view and notice, that though, of course, still early to speak about formation the basis on dollar/kanada before we will see movement to $1.0500, pair in the beginning, possibly, will return to $1.1200. They notice, that lower prices for raw materials are not too positive for Canadian dollar, besides, the political aspect also can affect national currency - province opposition parties declare Quebec that will vote against the budget statement. Bidy remain in the field of $0805/1.0790, and also in the field of $0760/50 and about $1.0730. Ofera now are placed in the field of $1.0825, and also around $0860/70. Forexpf. Ru - Forex News / news Forex