Saturday, July 16, 2011

Weak data on inflation has put pressure upon Canadian dollar

Data on inflation from Canada has appeared completely not favorable for bulls on loonie and, having added the list of negative factors for the Canadian currency, became the catalyst of jerk dollar/kanady above оферов around C$1.0400 therefore now under fire there were orders on sale in the field of C$1.0420/25. Dealers remind that above C$1.0430 stops are placed, and their execution will allow to count on the further development of ascending correction. Биды now are visible nearby C$1.0395/90, the basic warrants remain in the field of C$1.0370/60.

No comments:

Post a Comment