Discussion on unwinding a CAD trade due to higher energy prices and outflows of short CAD expected to support the currency. Tazia Smith suggests taking a gain on the trade. Nav Gupta provides an update on the USDCAD situation, noting higher commodity prices and CAD swap rates, making him less bearish on CAD.
doj/DataSet10/EFTA01446886.pdf
{"key_people":["Tazia Smith","Nav Gupta","Vinit Sahni"],"document_date":"2014-03-05","document_type":"correspondence","key_locations":["New York, NY","London, United Kingdom"],"document_subtype":"internal memo","key_organizations":["Deutsche Bank","Deutsche Asset & Wealth Management"]}