The Traderszone Network

Published in TZ Latest News 10 May, 2016 by The TZ Newswire Staff

Time to sell Canadian dollar say Morgan Stanley

Latest client report from the US investment house 10 May 2016
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here
“We now believe it is time again to short CAD as we expect the market to price a higher probability of a BoC cut this year.
Canada has reported two weak trade reports in a row, seeing its deficit reaching CAD3.4bln.