Long CADCHF.
Trudeau resigned.
Poilievre (his next likely successor) is MUCH more Trump friendly.
That lowers the likelihood of Trump going hard on tariffs against Canada, bullish CAD.
On top of that…
On the CHF side we’ve got another print of VERY low inflation numbers earlier this morning, bearish CHF.
So…
Bullish CAD story on one side.
Bearish CHF story on the other.
Long CADCHF.
Target 0.6410.