• USD/CAD: Canadian dollar fell after data on GDP and inflation in Canada

Market news

21 December 2012

USD/CAD: Canadian dollar fell after data on GDP and inflation in Canada

 

Pair USD/CAD updated intraday high 0.9927 after the block statistics, the U.S. and Canada.

Canadian GDP in October showed the dynamics at the level of 0.1% m / m and 1.1% y / y vs. 0% / 1% in September, coinciding with the forecasts.

Canada's consumer price index in November reflected the dynamics at the level of -0.2% m / m and +0.8% y / y in November against a 1.2% rise. Baseline figure which does not include food and energy, remained in the flat m / m, while increased by 1.2% y / y vs. 1.3% expected. November's CPI rise annual rate was the lowest since October 2009.


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