Bank of America Global Research flags short AUD/CAD, and short EUR/CAD as attractive quant-based signals this week.
"With no resolution in sight, this remains our strongest signal; our event signals suggests further EUR downside while CAD skew is moving for calls, and our trend analysis shows that the downtrend in EURCAD is supported by UD and RS," BofA notes.
"We believe that bearish AUDCAD would also be attractive. Considering how crowded long AUD was before the crisis, and how little it has sold off until now, bearish AUD may well be where the best short-term value is to be found," BofA adds.











