USDCAD edges up as loonie splits after Canada CPI
Canada's CPI release barely moved the loonie on 19 October: USDCAD edged up while NZDCAD slipped almost as much, a muted, two-sided reaction.
Canada's CPI release barely moved the loonie on 19 October: USDCAD edged up while NZDCAD slipped almost as much, a muted, two-sided reaction.
Canada's CPI m/m lands at 12:30 UTC with a 0.2% forecast after -0.1%. See how EURCAD, GBPCAD and the loonie crosses are trading into the data.
Canada's CPI slate lands at 12:30 UTC β headline m/m seen at 0.2% from -0.1%, while the Bank of Canada's three core measures are pegged to hold steady.
A CPI-heavy week: Canada's inflation set lands Monday, UK and New Zealand consumer prices both follow Wednesday. The forecasts, timing and FX in play.
Canada's employment and unemployment data landed at 12:30 UTC and the Canadian dollar eased across the board, with USDCAD leading the modest move.
Canada's Employment Change lands at 12:30 UTC Friday, with a 6.1K forecast after a 41.7K loss. See how the Canadian dollar crosses are trading.
Canada's jobs report at 12:30 UTC headlines the next 24 hours, with employment seen rebounding to +6.1K; US Michigan sentiment surveys follow at 14:00.
Canada's Ivey PMI is due at 14:00 UTC with a forecast of 65.2 versus 64.3 prior. See how EURCAD, NZDCAD and other CAD pairs are trading now.
BOJ Governor Ueda speaks at 06:35 UTC, today's high-impact event for the yen. Canada's Ivey PMI follows at 14:00 UTC, seen at 65.2 vs 64.3.
Canada's Core Retail Sales lands at 12:30 UTC with a -0.5% forecast after a 0.5% prior, as the Canadian dollar trades firmer across most CAD crosses.
The SNB rate decision and press conference lead the day at 07:30 UTC, before Canadian retail sales and US jobless claims land at 12:30 UTC.
The Canadian dollar barely moved after Canada's September CPI release at 12:30 UTC, with AUDCAD showing the largest of a set of muted shifts.