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EUR/CAD sellers seen

By   || September 1, 2010 at 14:51 GMT
|| 2 comments || Add comment

Traders report real money of EUR/CAD are in the market this morning.

Makes sense from a macro perspective. If you want to assume risk, sell the primary dollar-alternative and buy the beneficiary of global growth.

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2 Responses to “EUR/CAD sellers seen”

  1. tr41nwr3ck on September 1st, 2010 15:22 GMT

    I love it; I don’t have the cross, but I’ve got the next best thing short E/U and short U/C. It’s great when they both tank at once…

  2. tr41nwr3ck on September 1st, 2010 15:24 GMT

    And it’s nice to be able to have made a play on my own home currency, the loonie, it makes me feel more patriotic LOL

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