BAML Recommends British Pound / Canadian Dollar Currency Pair

As the Liberal Party and its scion Justin Trudeau march to victory in Canada’s election yesterday, a Bank of America Merrill Lynch foreign exchange quant report says the trade of the week is the British pound / Canadian dollar forex pair.

BAML: Trading during periods of strength during New York and Asian trading hours underlie recommendation
Monday’s BAML foreign exchange . . .


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