RBC Capital Markets: No dollar / Canada is continuing

A pair of U.S. / Canada continues to roll from the previous five-week reached minima. But currency analysts RBC Capital Markets believe that the reason is that the sharp strengthening of the Canadian currency has led to a fixation of the profit participants in the market. The Bank believes that some players have started a little more to worry about the reduction in dollar / Canada - over the past few sessions, a couple fell from the field 1.1400/1.1500 before the minimum at 1.1000 today. The slight decline in the stock and commodity markets also contributed to the weakening Canadian dollar. A pair of U.S. / Canada at the moment, trading at 1.1050.