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simonsays452

Canadian banks are just the beginning...CAD headed lower

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
simonsays452 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
7
1
Moody's downgraded Canadian banks last night...and this is just the beginning...
Overheated housing market
Lower oil

Will better articulate the short CAD trade this evening.
Comment:
(CA) Canada Mar New Housing Price Index M/M: 0.2% v 0.2%e; Y/Y: 3.3% v 3.3% prior
Slowing down...
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