CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: Canada inflation rate highest since March 2003

13:36 15 September 2021

The annual inflation rate in Canada roseto 4.1% in August from 3.7% in July and compared to market forecasts of 3.9%, with base effects from last year still weighing. It was the highest inflation rate since March of 2003, with the increase in prices mainly stemming from an accumulation of recent price pressures and from lower price levels in 2020. Excluding gasoline, the CPI rose 3.2%, up from 2.8% in July. On a monthly basis, the CPI rose 0.2% in August,  slightly above forecasts of a 0.1% rise.

USDCAD saw relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.2680 level. Source: xStation5

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