Canadian inflation higher than expected. USDCAD loses

Canadian CPI for May came in 2.9% YoY vs 2.6% exp. and 2.7% previously

Monthly inflation data came in 0.6% vs 0.3% exp. and 0.5% previously
Canadian dollar jumped after today data and we can see a sell-off on USDCAD pair.

Source: xStation

Source: XTB Research, Statistics Canada, Bloomberg Finance L.P.

22 May 2026, 07:03

Morning wrap (22.05.2026) Nasdaq climbs higher, supporting European and Asian stocks

21 May 2026, 14:54

BREAKING: Mixed PMI from US

21 May 2026, 08:53

Significant Weakness Following PMI Releases from France and Germany. ECB Hike Under Threat?

21 May 2026, 07:31

Economic Calendar - Will Weak Asian PMIs Point to Weakness in Europe and the US?

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