Canadian Dollar Slips as CPI Solidifies Case for BoC Sep Cut, Gold Marches On

Canadian Dollar has come under broad pressure in the early US session following the release of the latest inflation data, which showed a further slowdown in inflation, with headline CPI fell to a 40-month low and core measures also easing. This set of data has strengthened market’s expectation that BoC would deliver its third rate […] The post Canadian Dollar Slips as CPI Solidifies Case for BoC Sep Cut, Gold Marches On appeared first on Action Forex.

Canadian Dollar Slips as CPI Solidifies Case for BoC Sep Cut, Gold Marches On

Canadian Dollar has come under broad pressure in the early US session following the release of the latest inflation data, which showed a further slowdown in inflation, with headline CPI fell to a 40-month low and core measures also easing. This set of data has strengthened market’s expectation that BoC would deliver its third rate […]

The post Canadian Dollar Slips as CPI Solidifies Case for BoC Sep Cut, Gold Marches On appeared first on Action Forex.