Ahead of CAD Jobs Report

JPY accelerates weakness as BoJ's Kuroda reiterates that Japan is not targeting FX but only conducting monetary policy. Rather than chasing any JPY cross in sight, we issued 2 tactical Premium trades in CADJPY ahead of the Canada jobs report as a partial hedge to our existing USDCAD trades and a play on JPY weakness regardless of any downside surprise in the jobs report. CAD jobs figures due at 8:30 ET (13:30 London) expected at +15K from prev -54.5K with the unemployment rate expected unchanged at 7.2%. Full trades are in the latest Premium Insights under the CADJPY section