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Trading the Potential Monetary Policy Divergence (Long CADJPY)

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
sufiansaid  
FX:CADJPY   Canadian Dollar / Japanese Yen
Fundamental Analysis CAD interestrates BOC sentiment longterm brunei malaysia
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fundamental cad interestrates boc sentiment longterm brunei malaysia
BOC Rate later today. Market expects the BOC to hold the rate today but a least dovish or hawkish statement are expected later after series of positive economic data for Canada. BOJ as we all know is still deep in their easing zone. If BOC reveal they are planning to raise interest rate in the future, then Boom.. thats as much diverged as it could get in terms of monetary policy.
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