Analysts on possible actions of the Bank of Canada

According to analysts Barclays Capital, Bank of Canada can not simply express dissatisfaction with the fall of pair dollar / Canada to a level of 1.10. The intervention is still could be in terms of activities within the framework of traditional politics, and the Central Bank may be a hint that this option is not removed from the agenda. The bank believes that the Bank of Canada may well demonstrate a willingness to undertake certain actions in order to prevent excessive strengthening of the national currency, if it considers that it creates the macroeconomic risks to the economy. A similar view of analysts and RBC Capital Markets. The bank believes that the Bank of Canada is still no intention to enter upon the path of quantitative easing. Changing the interest rate is also unlikely to happen. However, as noted in the bank, market participants may revise the level of concern about the further strengthening of the Canadian currency, if the Central Bank considers it "an obstacle to economic recovery."