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Citi trade of the week is short Aud/Cad at....>

FOREX
FOREX: Citi trade of the week is short Aud/Cad at C$0.9945, targeting C$0.9750
with a stop placed at C$1.0050. Citi add CAD and AUD have taken a lot the pain
of the trade tension theme in recent weeks. While there has been a degree of
specific relief for CAD re: NAFTA optimism and a strong CPI print, less can be
said for AUD. They don't believe we are out the woods on the trade tension theme
and as much believe the path of least resistance in a 'trade war neutral'
expression should lean towards the CCY with the stronger domestic picture. 

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