Canadian dollar steadies after Canada CPI inflation data

Mon, 20 Jul 2026 15:22:12 +0000

Canada’s inflation data - CPI m/m alongside the Median and Trimmed CPI y/y measures - landed at 12:30 UTC on 20 July 2026. The Canadian dollar’s reaction was contained across the board, with AUDCAD the biggest mover at just +0.08%.

Where the CAD moved

AUDCAD led the way, edging up to 0.98402 from 0.98326, a rise of 0.077% that left the Aussie marginally firmer against the loonie.

CADJPY was the notable move on the softer side, slipping to 115.619 from 115.679, down 0.052%.

AUD/CAD

Sun, 01 Mar 2026 00:00:00 +0000

About AUD/CAD

AUD/CAD pairs two of the world’s most prominent commodity currencies, the Australian Dollar and the Canadian Dollar. Both economies are heavily reliant on natural resource exports, but their commodity exposures differ significantly: Australia is tied to iron ore, coal, and metals exports primarily to China, while Canada is dominated by crude oil exports mainly to the United States. This difference in commodity composition means AUD/CAD effectively measures the relative performance of the metals and mining complex versus the energy sector. The pair tends to trade in more contained ranges than other AUD or CAD crosses because both currencies share similar risk profiles, but clear trends emerge when metal and oil prices diverge.

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Canadian dollar steadies after Canada CPI inflation data

Where the CAD moved

AUD/CAD

About AUD/CAD