Barclays trade of the week is long USD/CAD

This via Barclays, their 'trade of the week'

Its a long USD.CAD

• Barclays targeting 1.3200
• Stop loss is at 1.2970

The bank citing:

• Risks for the CAD are asymmetric
• as about 90% of a Bank of Canada rate hike is already priced for the October meeting
• Caution/trade uncertainty may weigh on the Bank's outlook

Over the weekend we got some CAD-negative tweets from The Don:

• Weekend Trump tweets: no political necessity to keep Canada in the new NAFTA deal