RBC Capital Markets: currencies are consolidated in a thin market

As noted by analysts RBC Capital Markets, August ends in a general atmosphere of caution, when investors are reluctant to resort to decisive action and prefer to leave the funds in an asset-shelters, rather than continue with the purchase of riskier assets. The bank drew attention to a general decline in the securities markets with a significant decline in China, as well as the consolidation of currencies in terms of low volumes of trade in connection with the summer day holiday in the UK. Analysts said the bank, the Japanese yen today is the clear leader, which helped to strengthen as the growth trend away from risk as well as a significant event in the political life of the country. Pair dollar / yen is now at 93.20. Canadian dollar, by contrast, weakens against the backdrop of falling oil prices from $ 74.50 to $ 70.90 per barrel and with difficulty kept even relative to other commodity currencies. Pair dollar / Canada is currently traded at around 1.1070.