BREAKING: Canadian CPI slightly higher than expected. USDCAD reacts

Canadian CPI YoY: 1.7% (Forecast 1.7%, Previous 1.7%)

MoM: 0.6% vs 0.5% exp. and -0.1% previously

USDCAD strengthened at 12 PM GMT and after slightly hotter monthly Canadian CPI reading at 12:30 PM GMT, the pair still holds its gains. However, the pair weakened minutes after the data release.

Source: xStation5

21 January 2026, 19:31

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21 January 2026, 16:32

⏫US500 climbs over 1%

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Trump ‘calms’ markets

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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BREAKING: Canadian CPI slightly higher than expected. USDCAD reacts

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