Trading the News: Canada Net-Change in Employment Despite forecasts for an uptick in the jobless rate, a 1.8K rebound in Canada Employment may heighten the appeal of the loonie and spur a near-term decline in USD/CAD as the data highlights an improved outlook for growth and inflation. What’s Expected: Why Is This Event Important: Even though the Bank of Canada (BoC) retains a cautious outlook ...
Trading the News: Canada Consumer Price Index (CPI) Despite forecasts for a rebound in Canada’s Consumer Price Index (CPI), a marked slowdown in the core rate of inflation may drag on the loonie and spark a further advance in USD/CAD as it dampens interest-rate expectations. What’s Expected: Why Is This Event Important: Even though the Bank of Canada (BoC) has turned upbeat on the economy in ...
- Canada Consumer Price Index (CPI) to Hold Above 2% Target for Eighth Consecutive Month. - Core Inflation to Climb Annualized 2.5% to Mark the Fastest Pace of Growth Since February 2012. Trading the News: Canada Consumer Price Index (CPI) A slowdown in Canada’s Consumer Price Index (CPI) may spur fresh monthly highs in USD/CAD especially as the Bank of Canada (BoC) remains reluctant to further normalize monetary policy. What’s Expected: ...
- Canada Consumer Price Index (CPI) to Slow After Holding at 2.1% for Last Two-Months. - Core Inflation to Retain the Fastest Pace of Growth Since April 2012. Trading the News: Canada Consumer Price Index (CPI) A slowdown in Canada’s Consumer Price Index (CPI) may generate a further advance in USD/CAD as it gives the Bank of Canada (BoC) greater scope to retain its current policy throughout the remainder of 2014. What’s Expected: ...