As yen’s movement is decided by risk sentiment instead of BoJ, short USD/JPY?
With Bank of Canada (BoC) downgrading their economic forecast and shifting their bias to dovish, Canadian dollar could continue to fall. Long USD/CAD?
With China’s Q1 GDP surpassing markets’ expectations while RBA’s dovish minutes failed to pull Aussie dollar lower, long AUD/USD?
Australia’s labour data, which RBA is pinning all hopes on, may not be as strong as it seems, short AUD/CAD?