Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD 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 0.7% against a forecast of 0.4%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | Bearish change | 5.2% | 5.1% | ||
Net Change in Employment | Bearish change | 41.4K | -17.3K | ||
Participation Rate | Bearish change | 65.6% | 65.5% | ||
Unemployment Rate | Bearish change | 5% | 5.2% | ||
BoC Interest Rate Decision | Bullish change | 4.5% | 4.75% | ||
International Merchandise Trade | Bullish change | $0.23B | $1.94B | ||
Ivey Purchasing Managers Index | Bullish change | 55.6 | 60.1 | ||
Ivey Purchasing Managers Index s.a | Bearish change | 56.8 | 53.5 | ||
S&P Global Manufacturing PMI | Bearish change | 50.2 | 49 | ||
Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
Gross Domestic Product (QoQ) | Bullish change | 0% | 0.8% | ||
Gross Domestic Product Annualized | Bullish change | -0.1% | 3.1% | ||
Current Account | Bullish change | -8.05B | -6.17B |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Inflation |
Frequency: | Monthly |
The value of Consumer Price Index (MoM) has been announced.
Forecast | Actual |