From the FXWW Chatroom: Long USDCAD We recommend long USDCAD targeting 1.272 (spot ref: 1.2391, stop-loss: 1.2128). Some tightening expectations priced for this week’s BoC meeting are likely to be disappointed by inaction, causing CAD depreciation. While political headlines in the US may weigh on USD, currency reactions tend to wait until it gets closer to the deadline
RBC: Holds long Aud, but closing short Nzd and switches in short Gbp. Short at A$1.6264, Target A$1.5940, Stops A$1.6430.
CITI: Long NZ$/Jpy at Y78.38, target Y80.00, stops Y77.60
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