Canada’s inflation figures β CPI m/m, Median CPI y/y and Trimmed CPI y/y β landed at 12:30 UTC on 14 September 2026. The Canadian dollar’s response was subdued across the board, with AUDCAD posting the largest move at just 0.06%.
Where the CAD moved
AUDCAD led the reaction, slipping from 0.99065 to 0.99005, a decline of 0.06% that nudged in the Canadian dollar’s favour.
USDCAD ticked the other way, rising from 1.39036 to 1.39091, a 0.04% gain as the pair edged higher.
EURCAD eased from 1.6046 to 1.60423, down 0.02%, while CADCHF slipped marginally from 0.58807 to 0.58798.
NZDCAD and GBPCAD were essentially flat, moving 0.006% and -0.002% respectively β barely distinguishable from where they sat at the release.
What the reaction shows
The reaction was muted. Every listed pair moved less than a tenth of a percent, and there was no clear one-way push behind the Canadian dollar.
The CAD firmed slightly against the Australian dollar and softened a touch against the US dollar, with the euro and franc crosses close to unchanged. That mixed, small-scale pattern points to a market that registered the inflation prints without any decisive repricing.
With moves this small so soon after the data, the immediate response reads as quiet rather than directional.
Descriptive market news from the ForexBullion Research Team. Not investment advice.
