Japan Trade Balance - BOP Basis dipped from previous ¥-113.1B to ¥-1186.7B in May

Jul 10, 2023

Japan Bank Lending (YoY): 3.2% (June) vs previous 3.4%

USD/CAD: Maintain a long position, targeting 1.3700 – Nomura

Analysts at Nomura recommend a long position on the USD/CAD, with a target of 1.3700, enlisting factors that could weigh on the Canadian Dollar (CAD).