11.08.2021
CAD vs. G10 looks expensive.
EURCAD
GBPCAD
CADJPY
AUDCAD
We suspect that FUNDAMENTAL traders are positioned for a DIVERGENCE in CENTRAL BANK policies. In FX, when positioning gets one-sided, we tend to see out-sized corrective moves.
Crowd mentality is something we look for, EVERYONE has the same data and EVERYONE expresses it similarly.