Canadian banks are just the beginning...CAD headed lower

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Moody's downgraded Canadian banks last night...and this is just the beginning...
Overheated housing market
Lower oil

Will better articulate the short CAD trade this evening.
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(CA) Canada Mar New Housing Price Index M/M: 0.2% v 0.2%e; Y/Y: 3.3% v 3.3% prior
Slowing down...

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