CA Core CPI m/m Forecast 0.1% Previous 0.3%
ACTION: USD/CAD BUY -0.2% SELL 0.4%
technical factors
7:00am (NY Time) CA Core CPI m/m Forecast 0.1% Previous 0.0%
ACTION: USD/CAD BUY -0.2% SELL 0.4%
I’ll be looking for at least a 0.3% of deviation to trade this release as per historical data any less deviation would not move the market in a significant manner. Therefore if the Core CPI comes out at 0.4%, which will be good for the CAD, I’ll be selling USD/CAD; if the Core CPI comes out at a -0.2% or worse, I’ll be buying USD/CAD…







