CAD fundamentals sound and firms are optimistic (even before USMCA deal) given the latest BoC survey.
Given Higher TVC:USOIL prices will push a solid ground to prevent downside risks.
FX_IDC:USDCAD will remain sensible and volatility will work in our favor.
These factors will move CAD key rate higher.
Institutional consensus is USD flat since all...
TVC:DXY longs are overloaded and most facts are priced so it makes sense to take FX_IDC:EURUSD longs.
Also any bad data will get USD longs mildly exposed.
