Trade of the Day: FXB

05/09/13 04:34PM EDT

We bought FXB today at 3:14pm at a price of $152.49.

The British Pound has been shaping up on the long side ever since it was announced that Governor of the Bank of England Swervin' Mervyn King was leaving. We are long the  Bank of England Governor designate, Canada's own Mark Carney, who assumes his new role in July.

In Canadian Goalies we (sometimes) trust.

Trade of the Day: FXB - fxb

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