vietbach1990

Long CAD - Expect Data to Beat

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
The best trade today for me maybe this CAD play. I'd be quite early to put this on but I'd not be around to monitor it properly otherwise.

I expect CAD's Data to beat but the market is generally short CAD. Most concentrated in AUDCAD and CADJPY. So I'd Long CADJPY now and Short AUDCAD..each with 1/2R. I will be out if I'm wrong on the data though. Also may take off USDCHF soon as I really don't want to take NFP while not at the desk.
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