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Johanes
Jul 19, 2017 7:22 AM

CAD PRICE STABILITY MANAGED BY BOC BY MID OF 2017 Long

CANADIAN DOLLAR / U.S. DOLLARICE

Description

The Bank of Canada (BoC) manages the CAD price stability much narrower than its international obligation not exceeding 15 % by the monetarists' consensus. There are plenty of room for widening the current target zone interior the internationally agreed width of bands.

CAD is underway to strong against major in medium-term. I buy CAD for medium-term and will resume to buy CAD in weekly band by option and fx-margin trading.
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