Our view on Canadian dollar against the yen has been summarized inside the section. There is a suggested trade inside so you can take it.
Market have been stable post FED minutes. We took a look at the following chart and concluded that capital is chasing quality miodcaps which have potential to grow.
The small cap has been underperformance and the ratio of small cap performance to S&P has never been lower.
We look at CADJPY and our trade is suggested inside. Its solid trade so take it but as with all trades, there are hard stops.
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