BREAKING: CAD strengthens slightly after CPI data

Canada’s annual inflation fell slighlty to 6.8% YoY in November from 6.9% in October, above market expectations of 6.6%.
Today's report pointed to slowest pace of price growth since March. Consumer costs rose at a slower pace for transportation (8.5% vs 9.5% in October), largely due to a slower rise in gasoline prices (13.7% vs 17.8%) as the reopening of refineries in the western United States drove fuel prices in British Columbia and Alberta to ease. On a monthly basis, Canadian consumer prices rose by 0.1% in November, slowing from a 0.7% gain in the prior month.
Core consumer prices in Canada remain unchanged at 5.8 % in November.

Source: Forexlive

Mortgage interest costs also moved higher, nevertheless markets perceived today's report as hawkish which makes it more likely the BoC will raise rates net month. Current pricing is near 50/50.

USDCAD fell slighlty after CPI relelase and is approaching 1.3600 support. Source:xStation5

11 February 2026, 6:33 AM

Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)

10 February 2026, 1:31 PM

BREAKING: US RETAIL SALES BELOW EXPECTATIONS

10 February 2026, 8:50 AM

Economic calendar: Indices and EURUSD await US retail sales report

10 February 2026, 6:54 AM

Morning wrap (10.02.2026)

Economic reports

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