Since Yields are the Fundamentals Drivers of Currencies, currently looking at the yield differential between CHF and JPY. You can see that the 2-year and 10-year yield differentials are already falling heavily in favor of JPY, so you could see aggressive pricing in the pair.
The risk that i see is jpy interest is lower than chf and the volatility is very low...
EURCAD looks like a good opportunity for positional shorts on pullbacks.
Inflation is falling rapidly in Europe region and the growth story is quite
bad when compared to other regions, so while major central banks would
cut rates around Q2 2024, i think ECB might cut rates earlier.
Also, CAD looks like a good currency to buy against EUR since we a nice
interest...
