Weekly forex futures positioning data from the CFTC for the week ending April 27, 2021:
– EUR long 81K vs 81K long last week. No change
– GBP long 29K vs 25K long last week. Longs increase by 4K
The Canadian loon mates for life but the currency market has been slow to fall in love with loonie.

This trade has been at the top of the charts all year
The failure of the Canadian dollar to launch immediately after the Bank of Canada decision last week was puzzling but the market got the memo (telegram?) this week.