• USD/CAD: Sticky inflation data may help firm up the Loonie a little – Scotiabank

Noticias del mercado

16 enero 2024

USD/CAD: Sticky inflation data may help firm up the Loonie a little – Scotiabank

The CAD is softer against the generally stronger USD. Economists at Scotiabank analyze the pair’s outlook.

CPI data ahead

December Consumer Price Index (CPI) report is expected to reflect a 0.3% gain in headline prices in the month and nudge up to 3.4% (from 3.1% in November). Core measures of inflation are expected to drop a tenth in YoY terms from November’s 3.5% (Trim) and 3.4% (Median). 

Sticky inflation data may help firm up the CAD a little.

See – Canada CPI Preview: Forecasts from five major banks, inflation likely ticked up in December

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: