EUR/CAD sellers seen
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.
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.
2 Responses to “EUR/CAD sellers seen”
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…
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