Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The typical/expected impact on CAD pairs is medium.
There is no forecast value for Consumer Price Index (MoM) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Consumer Price Index (MoM). Please check the candle charts instead.)
The trading range of USDCAD was pips following the most recent Consumer Price Index (MoM).
The most recent announced value for Consumer Price Index (MoM) was 0.3% against a forecast of 0.6%.
Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales (MoM) | Bearish change | 0.9% | -0.3% | ||
Retail Sales ex Autos (MoM) | Bearish change | 0.6% | 0.5% | ||
BoC Consumer Price Index Core (MoM) | (no change) | 0.1% | 0.1% | ||
BoC Consumer Price Index Core (YoY) | Bearish change | 2.4% | 2.1% | ||
Consumer Price Index (YoY) | Bearish change | 2.9% | 2.8% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Inflation |
Frequency: | Monthly |
The value of Consumer Price Index (MoM) has been announced.
Forecast | Actual |