BREAKING: Canadian CPI much lower than expected. USDCAD reacts

Canadian CPI YoY: 2.3% (Forecast 2.7%, Previous 2.6%)

Canadian MoM CPI came in 0.3% vs 0.7 exp and 1.1% previously

Canadian Manufacturing sales came in at 0.2% vs -0.2% exp. and 1.7% previously

The CPI data from Canada points to slowing Canadian economy and probably will give much more space for Bank of Canda to cut rates further. Canadian dollar loses against the US dollar as NY Fed Manufacturing report came in stronger than expected at -8.1 vs -13.5 exp. and -20 previously. USDCAD pair jumps after the Canadian CPI report; now gaining 0.2%.

Source: xStation5

9 November 2026, 18:40

Daily Summary: From Panic to Euphoria. The Market Recoups Losses.

9 November 2026, 14:57

US OPEN: Falling Oil Prices and Dip-Buying Fuel Rebound as Nvidia falls

9 November 2026, 13:23

The Week Ahead

9 November 2026, 07:51

Economic Calendar: Nvidia at the Center of a Spying Scandal; Oil Prices Fall After Trump's Remarks📆

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