Scotia Capital expects that by year-end dollar / Canada will fall to 1.04

Canadian dollar before the end of this year to expand on the 2.8% relative to the U.S. currency to 1.0400. The reason for this will be a global economic recovery, increased government support commodity projects, according to today's comments, Scotia Capital. "Given the current conditions, the prospects for commodity currencies, which include the Canadian dollar, look very favorably," - says Camilla Sutton, an analyst at Scotia.

Mizuho expects decline of the euro / dollar to 1.4500

For some time this week upward movement of pair euro / dollar stayed in the field of 1.4675. Today was no exception: in the course of trading in Asia couple retreated from that level and fell to a low of 1.4550. According to currency analysts Mizuho, euro / dollar today may continue to decline to a mark 1.4500. As noted in the bank, the pair is consolidating in a narrow channel below the 9-day moving average. Today it is possible retest of 1.4500, which is 50% Fibonacci Retracement and 26-day moving average. In the case of upward movement, the resistance of bank analysts raise the levels of 1.4668, 1.4700/1.4725 and 1.4865. Currently, the euro / dollar traded at 1.4563.

Barclays Capital: mood euro / yen remains negative

As the currency strategist at Barclays Capital, the euro / yen on Monday retreated from support below 130.00, but it does not appear any convincing bullish signals. Consequently, bank analysts have maintained bearish forecast for the pair. The bank believes that the pair can not be the first attempt to overcome the level of 129.50, where the Fibonacci support and 200-day moving average. However in the case of a breakthrough at this level next major support will mark 127.00. As a strategy the bank preferred to sell a couple on the growth with a stop above 133.50. Currently, the euro / yen is at 130.80.

Commerzbank: the market is not yet ready for the resumption of bullish trend for the euro / dollar

According to currency strategists, Commerzbank, rollback pair euro / dollar from the intermediate support in the 1.4544/38 area wore a rather dull character. However, until the couple kept above these levels and above the Fibonacci support areas, it is possible to retest levels of 1.4720 and 1.4845. Nevertheless, bank analysts are beginning to lean toward the view that the market is not ready yet for the resumption of bullish trend - thus break below 1.4525 would signal a deeper correction to the level of 1.4440 and then 1.4375, where the 55-day moving average. Currently, the euro / dollar traded at 1.4561.

BNP Paribas expects growth in the dollar / yen

As the currency analysts BNP Paribas, over the past few days there have been significant changes in the differentials in interest rates - now in Japan, again the lowest interest rates in the world. It should also take into account the fact that, according to the latest Taken report, the volume of planned investment declined again due to the strengthening Japanese currency. Thus, the bank's strategists believe that there is every reason to anticipate the growth of a pair of dollar / yen. The bank believes that the dollar / yen may rise to a mark of 91.10. At the moment pair dollar / yen is trading at 89.93.